Monday, July 6, 2009

Budget Baazigari

i really dont understand the logic behind increasing the taxation slabs by 10000 rs.
now some simple mathematics:
so now tax benefits increase by 1030 rs.
so each month every tax payer below 10 lac rs gets rs 85(aopprox)
ie 1030/12=86 rs as saving.
now consider the increase in petrol price :
rs 4 per litre of petrol.consider the average consumption to be 25 to 30 litre
so net increment in petrol expenditure is 100rs . this 85 per month is given to compensate for petrol increment or it is like lollypop given to us by government.
pata nahi muche bilkul samach nahi aa raha ki how i shall react to this news.
pata nahi these people do joke with us?
isse badiye to badana hi nahi tha.
in this whole budget i think there is nothing for the middle class.
now consider another interesting scenario:
for tax slab>10 lac rs due to removal of 10% cess the benefits are far greater than the slab<10>
also price decrease hue woh bhi upper class ke liye:
for eg 1) LCD TV
2) BRANDED JEWELLERY
3) CARS OF POWER >2000CC
"Congress ka hath ,aam aadmi ke sath"or upper class ke sat?.
ab yeh sab upper class wale hi lete hain middle class ka to ghar ka budget hi control ho jaye wahi badi baat hai.
inflation zero or negative hai but aata dal ka bhav asman choo rahe aur sabse badi irony yeh hai ki neither farmers nor the customer is getting benfits.the middle chain is eating all the benefits.
curroption is on the peak.
i am strong supporter of congress but today i was disappointed.
fiscal deficit has increased to great level.
lets hope that the gloomy days of recession will pass quickly.
i wish my joining comes as early as possible and may this government be successful in creating
1.25 crore new jobs along with protecting the ongoing jobs.