Dear All
Please read my this analysis that describe that how government is snatching the money from the pocket of common man and very proudly says that to government there will be no loss because government recovery from indirect tax ( Excise, Service tax, Sales tax ) is more in comparison to Direct tax Rebate. During saying this Our Honorable FM may be forgotten that by this way they are snatching tax from 1 Rs income group to 300000/- income group, while they are getting benefit. By this way Government is snatching money from no tax group as well as from below Poverty Line group. Before this budget there were no excess burden of cash outflow while after this 2010 budget outflow has increased by 8450 for 3 Lacs Income Group.
Please read my this analysis that describe that how government is snatching the money from the pocket of common man and very proudly says that to government there will be no loss because government recovery from indirect tax ( Excise, Service tax, Sales tax ) is more in comparison to Direct tax Rebate. During saying this Our Honorable FM may be forgotten that by this way they are snatching tax from 1 Rs income group to 300000/- income group, while they are getting benefit. By this way Government is snatching money from no tax group as well as from below Poverty Line group. Before this budget there were no excess burden of cash outflow while after this 2010 budget outflow has increased by 8450 for 3 Lacs Income Group.
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