A Comment on some tax saving schemes in Budget 2015

My Comment on an article "Budget 2015: Are you richer or poorer? Here's the bottom line" published in timesofindia.com Dated 01/03/2015 at 12:45 pm.


"Very great advice and guidelines here for saving yourself from tax burdens. 

How to save or minimize tax burden through health insurance for your self and your parents is explained with examples. 

Further you can invest in National Pension Schemes or LIC annuity plans. So, it is possible to escape tax even if your annual income is around Rs. 6.25 lacs."

A Comment on increased Service Tax and Cess in Budget 2015

My Comment on an article "Budget 2015: FM Jaitley proposes increasing service tax, education cess" published in the timesofindia.com Dated 28/02/2015 at 10:50 pm.


"It may be okay to increase Service Tax and Education Cess, when these increases do not affect the life of common man. 

You may apply it on preferential basis to affect only on services not related to the lifestyle of common man. 

Health, courier, home affect the common man life. So they should be spared or applied according to the motives of the people utilizing these services or goods.".

A Comment on Budget 2015 and prices of commodities

 My Comment on an article "Budget 2015: What goes up, what comes down" published in timesofindia.com Dated 28/02/2015 at 10:45 pm. 


"It is good to see that cigarette and tobacco product prices go up. Their prices should be doubled. 

Even alcohol products should also go doubled. Then only people may reduce the consumption of these bad things. 

But increase in prices of home should not take place. They should be decreased from current prices. Similarly prices of health and courier services and internet facilities should not be increased because they will affect common man's interests."

A Comment on Railway Budget 2015

My Comment on an article "Railway Budget 2015: 15 things common man can cheer about" published in the economictimes.com Dated 27/02/2015 at 3:20 pm.


"Very interesting and happy news. Facilities like selecting own choice of food during journey, SMS alerts regarding delays and late arrivals of trains, e-booking of tickets and quick buying facility of unreserved tickets, more cleanliness of trains and stations will make journey more happier than before. 

It would have been better if more bogies are introduced to cater to the swelling crowds in unreserved compartments. Presently they have to travel occupying the toilets.

All these need to be efficiently monitored with better supervision and control."

A Comment on increasing of Tax Incentives in Budget 2015

My Comment on an article "Budget 2015 may propose significant changes in income-tax and corporate-tax structures, boost savings" published in the economictimes.com dated 20/02/2015 at 10:15 pm.


"Tax incentives to allure people towards savings may work out to be beneficial for both government and public. 

Tax payer gets some relief in total tax payable amount as well as being able to save some money for future security in the shape of tax saving investment schemes. 

Government can benefit as more funds can be available in the hands of government due to increased savings by people. 

So it is a plus factor for both sides."

A Comment on Modi seeking ideas on Budget 2015 at NITI's first meeting

My Comment on an article "Budget 2015: PM Narendra Modi seeks ideas on Budget at NITI Aayog's maiden meet" Published in the economictimes.com Dated 06/02/2015 at 4:50 pm.


"It is always better to discuss things among experts and find the best available options for reforms and development. 

It is good to see that this process has kick started now."