Income is toxic (tax)

Discussion in 'Economy & Infrastructure' started by kumaran16, Feb 13, 2010.

  1. kumaran16

    kumaran16 New Member

    Where I get the proper and genuine answer or action?

    My Income is toxic (tax)


    1. How can an average salaried person manage to run his/her family expenses with in 1.6L /1.9L?

    2. DA paid to manage the current commodity price raise.
    a. Is it Logical? And honestly right? To put tax on it.

    3. HRA for the purpose of right to live a family.
    A. Is it right to put tax on it?

    4. Why not business (Small & Big) persons not paying tax according to their Proper and Real income?

    5. Why not Professionals (Small & Big) not paying tax according to their proper and real income?

    6. Why not govt. has made all transactions Business and Purchase through bank A/C? To avoid black money.
    A.Some of the countries have controlling and monitoring the income of house rent, commodity, article and purchases through Savings A/C and debit card.

    7. Why the govt. will put additional tax to income tax payers by purchasing commodities and others. It is a double tax burden on them.
    A. If you pay tax on your income & making all transactions through bank A/C
    why should pay any tax further more? is it double tax burden?




    Can Government look this matter and take serious action.To make Revenue properly and equally to all indians Government can make accountable to all other's at par with the salaried one's.

    NOW THE BUDJET SESION IS ON THE WAY TO NEAR TO US.

    Please read and put your comment also if you can make it as a National Debate.
     


  2. adrenalin

    adrenalin New Member

    Nice idea.
    I always had one question. The maximum limit for conveyance is 800, if it exceeds, it is taxed. Now, say for example......I have to go to Marathalli from Koramangala by an auto rickshaw. It comes close to 80 bucks, and 160 for a return.

    So 160*22 working days = 3520 INR.

    With rising inflation, shouldn't the cap on these be increased too.
    OR/
    I can travel by bus and complete my monthly cycle in 650 INR. Savings of 150 INR. However, during the morning rush hour, I can't even place my foot on a public transport.
    God help!!!
     
  3. kumaran16

    kumaran16 New Member

    thank you for your reply.

    please ask many more to read and put comments then only it will be summited to a proper forum
     
  4. Suryavanshi

    Suryavanshi New Member

    Attention everybody to this post

    I really appreciate your post for the toxic income. This is really true that today's income has become totally toxic. Even i want to raise this question to our government that why is there such a difference or let us say partiality between the income earners?

    Why doesn't they make it mandatory to make all the transactions be it for a service class or a business class through their bank accounts?

    Is there any one to perfectly and legally answer to my question?
    :confused:
     
  5. nidhisood

    nidhisood New Member

    Income is toxic

    The government has not done this; may be because if they do it though banks accounts and by monitoring incomes and other things, probably the law makers and politicians will be the first one to pay more. Hiding money in Swiss Bank will not be possible then. This is just a matter of corruption, where the rich is becoming richer and poor is becoming poorer day by day.
     

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