Showing posts with label tax exemptions. Show all posts
Showing posts with label tax exemptions. Show all posts

Friday, 11 April 2014

A Comment on government refusing to link tax exemptions and slabs

My Comment in reply to a commenter who expressed his view that I am government employee and gathered much wealth as bribe. 


"Don't be foolish and silly. Whoever comments unbiased should not be considered as an antagonist. 

This is a very bad mentality of some people. They use abusive words and attacking words as if they are the only person concerned for the welfare of public and all others are enemies. 

Be civilized and use some brain in understanding others' words. I was a poorly paid private employee and did not save even a penny for my sons. I am dependant on them now."

Wednesday, 9 April 2014

A Comment regarding linking tax exemptions and slabs to inflation

My Comment on an article "Government refuses to link tax exemptions and slabs to inflation, to charge higher tax" published in the Economic Times Dated 09/04/2014 at 12:50 pm.


"Is it not a double benefit to the taxpayer? If you link inflation index with tax slabs and minimum exemption limits and accordingly apply differential slab applications for calculating the tax, it will be a double rebate to the taxpayer: once as an increased salary and again as an additional inflation rebate. 

I do not think it to be reasonable from the point of Tax Department."
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