'Are we working only to pay tax?'
Previous messages
Fri Nov 29 14:46:31 2002
Name:M. A. Halim
Email: mahalim@reiffmail.com
Your Views: Kelkar's proposal is a blow to the salaried employees. With an intention to get rebate many employees have
already committed good amount of insurance premium and housing loan which are irreversible. Now on one side they will have
to pay these and on the other side high Incometax.Employees never evade tax. Additional burden thus will add salt to the
injury.Finally, what social benefit is extended to the poor and honest tax payers? I think the proposal will induce further
corruption which is the biggest social evil. Mr. Kelkar could not touch the businessmen who earn manytimes more than the
salried people but pay meagre tax.If Kelkar proposal is implemented there will be a reflection on next parliamentary election
Fri Nov 29 14:46:57 2002
Name:c.d.ramakrishnan
Email: cdr1952@yahoo.com
Your Views: not at all acceptible to salary class.Only sincere tax payble in India today salary class whichwill be hit badly bh this
proposal.
Fri Nov 29 14:46:58 2002
Name:Senthil Kumar
Email: rdsenthil@lycos.com
Your Views: This is unfair to lift the Tax Exemptions. Already there are aplenty of Tax Debt by big Industrialist, Cine Artists
etc.. Collecting those money would be sufficient. No Hotels, Medical Shops, Doctor's Clinic, Provision Stores, Road Side Tea
Shops is paying tax.(They are earning more than a Manager in big Company). Also lifting tax exemption will not attract
investments for LIC, NSC etc. I would strongly oppose kelkar's Tax plan
Fri Nov 29 14:47:28 2002
Name:John
Email: johntamilnad@lycos.com
Your Views: His report is not fair. Anyway the personal income tax is just 2% and Income tax office is nothing but one huge
harrasment machine. The government on top of that harrasses the IT officers with some foolish guidelines that will make them to
do more harrassments to sincear tax payers!. Instead of encouraging the honest tax payers his guidelines makes them even
grumble and prompt more tax evaders!!!! It would have been a huge welcome if he had added the slashing of surcharges
minimising tax percentages, and making a uniform tax structure and making guidelines to IT officers so that they will not try to
harass honest tax payers!!!if this had come in his report then everybody will pay taxes without any grumbles!!! and they
wouldnt have minded about lifting of exemptions on small savings.
Fri Nov 29 14:47:37 2002
Name:sachin Udeshi
Email: sach4u3@rediffmail.com
Your Views: I Totally agree with the coments and views made by public , actually the big businessmen who evade taxes should
be brought under the perview of tax brackets and not by eliminating the standard deductions and rebates on the income of
middle class people. The committee is unable to prove itself a transparent one and it is unable to do a fair justice....
Fri Nov 29 14:48:47 2002
Name:Sandeep Suchak
Email: sandeep_suchak@yahoo.com
Your Views: It is unfair to remove standard deduction and exemptions available for salaried people, as they are will be worst
sufferer. Businessmen can do any adjustment in their Profit & Loss A/c, but salaried can't. Two slabs are welcomed. Steps
should be taken to increase assessee, as there is no follow up for 1/6 scheme letters.Serious steps should be taken against dept
staff for not issueing refunds in time and long pening refunds should be cleared soon on priority basis.
Fri Nov 29 14:49:27 2002
Name:deepak Bhatnagar
Email: deepakid@rediffmail.com
Your Views: Its Tatally unfair.
Fri Nov 29 14:49:33 2002
Name:Sam Longford
Email: sam99@linuxmail.org
Your Views: It is high time india looked at abolishing income tax. The agruments for this are: 1. Very low percentage of people
in this country pay taxes. These are mostly the salaried class who cannot hide their income. The buisness class on the other
hand nevr pay taxes except when they require a housing loan or buy a large car !!! 2. In a growing economy like ours a salaried
person owning a 2 wheeler probably pays Rs. 5000pm as taxes. This is the EMI for a small car. Can any one imaging the
tremendous pottential of guys switching from 2 wheelers to 4 wheelers. This is but just an example. In a growing economy like
ours we need to have more of indirect taxes where the consumption pattern of the rich needs to be identified and taxed
accordingly. 3. Can anyone imagine the growth rate india could acheive over the next 5 year plan by abolishing income tax.
People would have no fear buying what they want. That is when the real spending power going to come in this country
Fri Nov 29 14:50:01 2002
Name:Banavali Vishwanath
Email: b_vishwanath@indiatimes.com
Your Views: Instead of taxing the middle class/salaried class, Dr.Kelkar must charge the Agricultural income of the Rich
farmers & non-agriculturists. By removing the sops on savings, is Dr.Kelkar wanting to make the people spend-thrifts & die
with a huge debt on their name as is happening with most Americans? or is he trying to negate the age-old habit of the Indians
of savings - droplets make ocean! If he is not an agent of the World Bank or the American/European Powers, then he must in
fact simplify the system by putting all types of savings under one head (instead of the present 10 or 15) with a limit of say 30%
of the earnings & give one sop! More the savings, more will be the growth in the economy! Whereas, more the spending faster
will the civilisation perish! For this Dr.Kelkar must read our great Vedas & Chanakya niti. Dr.Kelkar must be aware that in the
more flourishing societies, as the income grows, the Income Tax rate comes down.The logic is that the Govt. wants more
people to pay taxes & enjoy. Whereas Dr.Kelkar is trying to do just the opposite. Statistics will tell Dr.Kelkar that the middle
class & the Salaried class is funding the growth & Bureaucratic Pamperings! If Dr.Kelkar's proposal is passed then it will be an
invitation to the Congress by the NDA to come to power in Delhi!
Fri Nov 29 14:50:29 2002
Name:deepak Bhatnagar
Email: deepakid@rediffmail.com
Your Views: It's totally unfair.
Fri Nov 29 14:50:40 2002
Name:Mahesh Pandya
Email: pandya_m_b@rediffmail.com
Your Views: The middle class/salary people are making their investments in various tax saving schemes taking into account that
the same will continue for a long period. For example people are taking LIC policies thinking that he will get
deduction/exemption of tax on his investment on LIC premium he pay for the period of the LIC policy. If all of sudden the
exemption is taken away, he will suffer a lot and his return on investment will be reduced considerably. Mahesh Pandya
Fri Nov 29 14:50:41 2002
Name:Ashok Bhasin
Email: ashokbhasin@58rediffmail.com
Your Views: Yes, I agree with Dr Vijay Kelkar that all exemptions including standard deduction must go. Why is there hue and
cry whenever something is done to touch the Babus and middle class? Nobody think about millions of hapless people who do
not get even two times meal. Are they not citizens of India? But I am pessimistic if these recommendations will be implemented.
This will, like many others, will also gather dust in the North Block. Thanks to Politicians and Babus, neo-colonialists in
independent India.
Fri Nov 29 14:51:10 2002
Name:santosh menon
Email: srimenon5@rediffmail.com
Your Views: it is indeed a very bad proposal. why u compare with this 100 million populated country with the developed
countries like USA? mind u that the tax payers in US are entitled to many previleges of the Govt amenities where as in india
govt is not able to provide atleast safe drinking water. u see the high infra structure there (US)and tax the ordinary citizens to
fulfill your dreams. one more thing to remember - only when india's interest rate was high ,the GDP increased. santosh menon
Fri Nov 29 14:51:23 2002
Name:S.P.NATU
Email: SPNATU84@HOTMAIL.COM
Your Views: THE PRAPOSAL SUBMITTED BY MR KELKAR IS THE BEST PRAPOSAL.. THANKS
Fri Nov 29 14:51:57 2002
Name:Rajesh S. Shah
Email: rsshah27@rediff.com
Your Views: He is doing his job well and it must be implemented without any delays.
Fri Nov 29 14:52:11 2002
Name:Prakash Shetty
Email: prakash_shetty@rediffmail.com
Your Views: Such tax proposal will do good in long run for our economy and us. In fact we have to be ready for some
measures in this direction that will have to be taken in future. But However such measures should also accompany lower tax
rates and major infrastructure investment and development. So that per capita income increases and balances the loss caused to
the citizen.Which is easy said than done
Fri Nov 29 14:52:56 2002
Name:Avadh Kumar Tibrawal
Email: avadhk@yahoo.com
Your Views: I have only one question to ask, what the measures you are taking to save salary class people. Most of
bussinessmen/doctors are earning in Lakhs/Crores and they pay taex less then a salary person whose pay is 4 lakh. Don't you
think that there must be some concession given to salary class people only.
Fri Nov 29 14:52:58 2002
Name:Dr Anil S. Kokrady
Email: kokradya@rediffmail.com
Your Views: The main issue raised by kalkar's reccomendation is not what has been stated here. This issue has got prominence
because it effects the middle class and they are the most vocal section of the society. The main issue is taxing the agriculture
income of the non agriculturist. This will effect the corrupt officials, politicians and even the large business people who show
their black income as agriculture income to convert it into white money. But who will bell the cat???? The people who would be
effected are the one who make laws!!! The middle class views are being given prominence to actually drop this
reccomendation. I hope the discussion is done on this issue and not on the tax slabs. Tax slabs can be adjusted so that pople
are not adversly effected. Our tax system is in a mess and the reccomendation of the Kalkar committee should be implemented
to put them in proper shape.
Fri Nov 29 14:53:06 2002
Name:Mubin Khan
Email: mubink@rediffmail.com
Your Views: Yeah, remove all deductions and exemptions. Why only that, increase tax rate to 80%. Kill the salaried middle
class, and let the businessmen, traders, and most importantly, politicians, grow fatter at our expense. Also, after the World
Cup, let a few more gifted cars be exempted from customs duty. We'll pay for it from our kids' school fees.
Fri Nov 29 14:53:15 2002
Name:Chaaya
Email: chaaya_n@www.yahoo.com
Your Views: When taxing the employed, the panel forgets that there is a sum of money which is required for living, provision of
education and other essential necessities. Withdrawl of rebate on savings not only hurts the future but also the present. Lastly
there is no certainty that the amount paid as tax reaches is utilised for the purpose for which it is provided. The panel should
seriously consider increasing of the standard deduction/reliefs and provison of sustainable income till the threshold of Rs. 5 lacs
and increase the taxes on higher income drawers. Hope there is some light for the middle class.
Fri Nov 29 14:53:16 2002
Name:indian123123123
Email: asdad@asdasd.com
Your Views: matter of time before we will need to implement them. the earlier we start, the better it is for the country.
Fri Nov 29 14:53:19 2002
Name:mahesh karle
Email: maheshkarle@rediffmail.com
Your Views: It is hotly debated, How much should the common man be taxed. But there is no thought on why should the
common man pay the highest rate of taxes when the service he is getting from the government is 3rd or 4th rated. Where does
the tax payer get value for money. What should be done to make the tax payer feel positive about paying the tax. Can the
government ever think of setting up a committe to look into the possible corrective measures the government should take, to
make me feel postive about the hit i am taking to my hard earned money.
Fri Nov 29 14:53:36 2002
Name:narayanasami
Email: ssami@essar.com
Your Views: simply rubbish!!! when middle class people are expecting some more relaxation, how such proposals darely being
proposed even to lift exemptions in savings instrument and std deductions. middle class people will suffer a lot.
Fri Nov 29 14:53:58 2002
Name:mahesh karle
Email: maheshkarle@rediffmail.com
Your Views: It is hotly debated, How much should the common man be taxed. But there is no thought on why should the
common man pay the highest rate of taxes when the service he is getting from the government is 3rd or 4th rated. Where does
the tax payer get value for money. What should be done to make the tax payer feel positive about paying the tax. Can the
government ever think of setting up a committe to look into the possible corrective measures the government should take, to
make me feel postive about the hit i am taking to my hard earned money.
Fri Nov 29 14:54:11 2002
Name:kiran shetty m
Email: mk_shetty@rediffmail.com
Your Views: Again the salaried class that too middle income group are the target. It shows the incompetency of the Govt. This
will lead to severe differences in standard of Living in society. Why not Govt. think of taxing business entities based on their
turnover instead of income basis?? Every one knows that business class are the people who evade taxes by showing either less
income or more expenses?? why not Govt. take more stringent steps to curb parrallel markets ( say no. 2 market) which as per
the survey accounts for about 40% in respect of consumer durable goods?? Govt. should carry out a survey to find out which
are the areas of income leakages rather than prevailing on the same ageold methods and ways of taxing salaried class. What
steps it is taking to bring more transperancy and eliminate corruption which is rampant in the system??
Fri Nov 29 14:54:28 2002
Name:M.G. CHANGAPPA
Email: chang@sss-india.com
Your Views: what view ask him to come here and lead a life of a middle class man paying rent for the house and commute
more than 20 km up and down to work place taking care of daily needs, medical attention, festivals, functions and then save. It
is very unfortunate thae responsible jobs are always entrusted to irresponsible effluent people.
Fri Nov 29 14:54:33 2002
Name:Haridas Nair
Email: haridas_nair@vsnl.net
Your Views: Whether it is FM or his Advisor, they know how to get money from middle class salaried people as they are the
helpless class - one should think of total family income & expenses and tax them accordingly.
Fri Nov 29 14:54:37 2002
Name:Rajesh Rathod
Email: rcrathod@yahoo.com
Your Views: I feel that there should be a flat rate of 15~20% for all income groups and then there should be no exemptions on
any savings.But the Govt. should increase Fixed Deposit interest rates for the people who invest in such instruments. Mr.
Kelkar should try to see that all income goups are treated at par with minimum tax burden then only the country can have
honest tax collections made.
Fri Nov 29 14:55:27 2002
Name:Tejas Sanghvi
Email: tsanghvi@tatatelecom.com
Your Views: Governament has always tried to get money form servicemen. I think if government wants to get more tax they
should come out with the system in whicyh tax payer should not only servicemen but all businessman who are not paying tax.
Fri Nov 29 14:55:28 2002
Name:Rakesh Jain
Email: rakeshj@mahindrabt.com
Your Views: It is very easy to ape the western society Mr kelkar but before that you should p[rovide that sort of infrastructure
to the citizens of the country. I dunno why after 50 years still we blindly follow west. Dont you think the commans man salaryin
india as it is not sufficient for survival, on top of that the burden of tax and the Govt expenses Damn it... Its really shame on govt
that they just cheat the people of India by doing some thing or the another with out even giving it much of a thought. I am sorryy
to say by doing this you gonna gain nothing first try to reduce the govt expenses and other areas where the expenses are over
shooting like any thing the taxexs from professional services are hardky 10 to 15% of the total economy of India. You people
are literate but very poor in analysing things better do your home work before taking up any decission Very sorry to state that
India still works on Bossism and you are doing this because you have been told to propose this
Fri Nov 29 14:55:39 2002
Name:sali lhajarnis
Email: salilhajarnis@indiatimes.com
Your Views: Absoluetly true. This is unfair to the middle class. Instead why can't the government think of a way wherein the
businesses who are escaping the tax payment be brought into the tax bracket by not allowing them to use the loopholes. Infact
that will bring in more income for the government.
Fri Nov 29 14:55:48 2002
Name:honest taxpayer
Email: allways_screwed@income.tax.com
Your Views: kelkar should focus on extracting more taxes from self-employed and businessmen ... is hitting the salaried class
only measure of reforms ???
Fri Nov 29 14:56:27 2002
Name:narayanasami
Email: ssami@essar.com
Your Views: simply rubbish!!! when middle class people are expecting some more relaxation, how such proposals darely being
proposed even to lift exemptions in savings instrument and std deductions. middle class people will suffer a lot.
Fri Nov 29 14:56:31 2002
Name:harish kumar
Email: latestkhabar@rediff.com
Your Views: there must be tax on agriculture atleast on income on agriculture more than say Rs.5 lac. Some argue, in
agriculture there are chances of loss due to natural calamities but these losses may be allowed to write off over a period of
certain years as in case of capital gain. Govt. allways cought hold of poor middle salaried class who pays tax and that goes to
certain states funding or their political agenda. Govt. is giving lot of grants like 700 crore every year in north east state where no
accountability is there where this money goes which is of tax payer. No benefit to a tax payer rather he is put to trouble some
time for one reason or other.Those not declaring there income are always been spared. This country need tax and legal reforms
otherwise things will remain same, nothing is going to change. These policitian would continue to enjoy and we indian are used
to all these suffering.By paying 30% tax on income what benefit a tax payer get. In my view there should be special treatment to
tax payer citizen in comparison to other in case like hospital or other areas that would ensure more encourangement for tax
compliances. anyway thanks for reading my views.
Fri Nov 29 14:56:56 2002
Name:John
Email: john1377@redifmail.com
Your Views: these recommendations r very Unfair!!People from middle class would be badly affected.Instead the Mr kelkar
should have devised ways of widening the Tax base.By the way has he recommended scrapping the tax concessions given 2
women. I was also wondering what his gross income would be??!!,:-)
Fri Nov 29 14:57:03 2002
Name:Sudhir
Email: sudhirarya@hotmail.com
Your Views: With that kind of tax rates who needs exemptions
Fri Nov 29 14:57:37 2002
Name:Sunil Bhatia
Email: bhatiakas@vsnl.net
Your Views: The govt. is free to do away with whatever existing systems they weant to , but what r the other options available .
As it is the middle-class is under pressure and is not able to come out of the rat race of getting up daily in the morning and going
to office and just keep working for the employer , govt. , for the bank , etc. So , if the finance minister has anything really very
sensible he can go ahead . Kindly read the book Rich Dad Poor Dad by Robert T. Kiyosaki .
Fri Nov 29 14:58:08 2002
Name:Raghuraman Sundararajan
Email: raghuraman_sundararajan@yahoo.com
Your Views: Simplifying tax structure is a step in the right direction. But Mr Kelkar should have concentrated on widening the
tax base instead of over burdening the honest tax payers.
Fri Nov 29 14:58:43 2002
Name:krishnan natarajan
Email: kn_greygold@rediffmail.com
Your Views: One more government officer is out to make the middle class person feel betrayed. Does the government provide
the services out of the taxpayers money? Have any plans been made to make sure that more people contribute to paying tax
and less evade them so that instead of pulling strings on middle class people to make their lives more difficult, the government
gets more and more in its coffers by reaching out to the people who can actually fill in this amount.
Fri Nov 29 14:58:58 2002
Name:A D GOPAL
Email: adg15@vsnl.com
Your Views: It is totally unfair to lift the standard deductions and all exemptions. Government cannot go back from the
commitment of tax exemptions on Housing Loan repayments. Most of the middle class people have availed Housing Loans in
the last few years with commitment of repayment upto 20 years based on the assumption that they will continue to enjoy the tax
rebate on housing loan repayments. But Now, if Govt lift this exemption, most of them would be hardpressed for repayment of
housing loan. Government and the Tax authorities have no guts to be strict with politicians and film people who avoid/evade
payment of tax and they are very proud to announce that these people are defaulters in the media. But, they take stringent steps
which affects poor middle class people who do not have any money/muscle power. I strongly protest the proposals and I
beliefe Govt will not accept the recommendations in toto.
Fri Nov 29 14:59:05 2002
Name:Kishore Kumar Mukku
Email: kishoremukku@rediffmail.com
Your Views: He can go for an increase in tax for the people like self, Mr.Kelkar, but certainly should not affect the salaried
class. Lifting of standard decuction will take middle class to the lowest class.
Fri Nov 29 14:59:22 2002
Name:Srinath K.S.
Email: kssrinath@yahoo.com
Your Views: 1. Totally against withdrawal of savings u/s 88. From an overall perspective this is not good to the economy.
There will be tremendous mobilisation of funds which can be used for developmental activity. I think this should be retained for
all sections @ 10-15% rebate irrespective of the income slab. The rate of interest may suitably be reduced. Dont forget it
generates tremendous employment in the LICs ICICIs and infrastructure industry money is spent on. Job generation is the need
of the country. 2.Salaried class are by far the most tax compliant. Withdrawal of std. deduction and 88 benefit is unfair on this
class. Instead you should concentrate on the big business houses which employ 'tax planning'. Get reasonable return from top
50 companies you should get more than what you get from the salaried. 3.You should retain some incentive for companies
which generate export revenue. Give an exemption of atleast 50% of the export income. Do not give any company full tax
holiday including software sector. The present rate of 10% (effective 3.5%) is not enough. You should target atleast 12.5-15%
effective tax from this sector. Low no dis-incentive and you generate revenue t
Fri Nov 29 14:59:38 2002
Name:Venkatesh Albal
Email: venk_albal@rediffmail.com
Your Views: The Kelkar's proposal is quite good. It should be implemented as soon as possible. Both, The tax payer and the
Goverment would be benefited. I am for It.
Fri Nov 29 15:00:06 2002
Name:JITENDRA JAIN
Email: jain_jitendra@rediffmail.com
Your Views: Yes these perposals are unfair .Thry hit only service class prople not the big corporate houses or the permoter of
these houses even the high slary paid will have benefited by these.
Fri Nov 29 15:00:15 2002
Name:ANIL KANAMADI
Email: anil_s_kanamadi@ltcis.ltindia.com
Your Views: Tax exemptions are the greatest attractions to a "poor" middle-class-salaried employee like me. If everything is
abolished, as per the recommendations, then only one question comes to my mind - are we working only to pay tax?
We are upset, Sir !!!
Fri Nov 29 15:00:34 2002
Name:k.Gangadharan
Email: kgdharan@rediffmail.com
Your Views: As per Dr. Kelkar advice Upto 1 Lac there is no tax and between 1-2 lacs 15% tax is O.K.But lifting the
exemption on savings benifit is certainly unfair because what about who already has invested lot in this? why they try to crush
always the lower middle class wher as lot of business people are enjoing without paying tax even and some Big farmers too.
Fri Nov 29 15:00:34 2002
Name:ashokghose
Email: akghose@rediff.com
Your Views: The exercise is with the only objective to hit the honest tax payer which is the vunerable salary payer. Does not
focus on the people who get their income through agriculture like the well to do farmers, people generating black money.
Salaried class has to get ready for another hit through the Kelkar's recommendations.
Fri Nov 29 15:00:55 2002
Name:S K Mohanty
Email: mohantysk@rediffmail.com
Your Views: Prposals are unfair. Govt. should not go on taking 'U' turns frequently. India's saving rate is one of the highest.
Hence incentives for savings shud be increased. As far as taxes are concerned, the Govt. does not deserve any tax as it does
nothing to help people earn money. In fact India is one of the worst countries to do business in. Hence the Govt. should focus
on reducing its expenditure, and plug tax loopholes, tax agriculture income and reduce the tax rates further. There should be
incentives to tax payers , eg. discounts in tax rate for timely submission/payment, seat reservations in schools for children,
preferential medical treatment, free mediclaim etc. Govt. should pay back a portion of the tax collected when tax payer hits bad
times. Last thing - free most Govt. channels of corruption (customes, excise, RTOs, Octroi, Municipal Corps ... the list is
endless). This itself would generate enough money to continue the Govt.'s useless activities like foreign trips, renovation of
residence and what not.
Fri Nov 29 15:01:36 2002
Name:P.K.Prabhakaran
Email: supraja17@rediffmail.com
Your Views: Taxation system should be renewed. Insdtead of tax returns complex due to exceptions taxahble income be kept
at a higher leve, so that Middle Class will not be affected. Even then
Fri Nov 29 15:01:53 2002
Name:bhuhhjh
Email: jhbvj@hotmail.com
Your Views: It wont be accepted
Fri Nov 29 15:03:35 2002
Name:Anonymous
Email: anonymous@hotmail.com
Your Views: I think, it will be impossible to have a tax system like the proposed. Which will rather demolish the economy of
the country
Fri Nov 29 15:04:12 2002
Name:Rajesh
Email: Rajesh@hotmail.com
Your Views: Those who propose these filthy proposals, are they paying the tax promptly? They are the ones sitting in glass
bunglows and do not know the harshness meted out to the salaried class by putting up such proposals. Are the big ones paying
the taxes promptly. Firstly streamline the system wherein the big ones dont go scottfree and the ones who sincerely pay the
taxes are the ones who are constantly harassed. As it is there has been cut in interest rates in all the schemes whether it be PF,
NSC or any saving scheme. excluding the exemption in all savings, removal of standard reduction, removal of exemption on
house loans etc would be a huge burden.The day is not far off when no person will be in the Govt. to serve. It would be a curse
if the govt. implements these proposals. Although the employees % is not much for vote bank but it will certainly have an impact
on the family members, please dont forget that. Now there is no charm in getting a govt. job as already there is talk of da
freeze, still no talk yet on LTC, the existing ones are asked for vrs, I doubt if pay will ever be revised at all in future.
Fri Nov 29 15:04:19 2002
Name:Anurag Chitlangia
Email: chigs_anurag@gdit.iiit.net
Your Views: this are unfair means to extract money from salaried people when they are already burdened by taxes so much ,
cant they do somthng FOR BLACK MONEY
Fri Nov 29 15:05:19 2002
Name:Gaurav Sirohi
Email: gauravsirohi@indiatimes.com
Your Views: Kelkar proposal seems to reduce the complications in income tax by proposing the 2 slab format but he seems to
have forgotten one important segement of indian public i.e indian salaried class. The honest Taxpayers who get some respite
from the exemptions will be severly affected.Instead the proposal should have concentrated upon widening the tax base.
Fri Nov 29 15:06:06 2002
Name:Kuldeep Gauniyal
Email: kuldeepgauniyal@spicecorpltd.com
Your Views: Its good that Mr. Kelkar has recommended to increase the taxable income to 1 lac. I suggest that benefits u/s 88
should be continued for strenthening the savings. The tax rates should also be slashed to 15% for the income upto Rs. 3 lacs
and it should be increased upto 40% for the income above that.
Fri Nov 29 15:06:34 2002
Name:c l arora
Email: clarora1@rediffmail.com
Your Views: exemptions u/s 88 must continue to help middle and salaried classes. it net may be increased to cover shop
keepers.
Fri Nov 29 15:06:45 2002
Name:kanak mal
Email: kanakmal@rediffmail.com
Your Views: People who have gone for long-term tax-savings mode like Housing thru Loan will be left high and dry . Their
benefits should be maintained for a term of 5 years .
Fri Nov 29 15:06:50 2002
Name:Kishore Kumar Das
Email: sohan59@yahoomail.co.in
Your Views: Kelkar's prposal is not acceptable to middle class people. We have taken House Building Advace @ 11% to
have exemption. This will be deducted from our salary till our retirement from service. We have taken insurance policy for
exemption. This policy is also of 20-25 yrs. I this the Kelkar's proposal has been influenced by some industrialists and this
policy will only benefit the businessmen & industrialists who always are capable to ignore the tax by not revealing their correct
figures of business or taking services of tax-consultant to save their taxes. I think middle class people are in need of "eradication
of tax-raj" not the "eradication of exemption-raj". Salaried employees will be worst-effected by the Kelkar's proposal.
Fri Nov 29 15:07:35 2002
Name:S.L.MOONAT
Email: slmoonat@rediffmail.com
Your Views: The Kelkar recommendations are in a right directions.Keeping in view the low interest rates and good liquidity
availability it is fair to remove all deductions.Kelkar's recommendations are that tax limit should be increased to
Rs.100000/-and tax rate should also be reduces to 15%.This will inspire every citizen to have his full income on paper.
Fri Nov 29 15:07:35 2002
Name:krishna kumar
Email: happyrb@rediffmail.com
Your Views: people with no experience of working in the govt should not be given this kind of a task.Economic theories and
implementation propsals for the welfare of the welfare class have to be synergised.today aperson in the govt having a salary of
about 2 lakhs pays a tax of around 30 thousand.if he has saved 60 thousand-----then what is left is onlyaround 1.20
lakhs/annum or 10 thousand per month .this is for a officer level post ----what about others? shri kelkar also does not have any
idea about how savings are channelised and how important they are to a developing country and india may god give fm and him
some better piuece of mind
Fri Nov 29 15:08:55 2002
Name:Uruj
Email: urujk@yahoo.com
Your Views: Who cares! Indian middle class has always been churned by those very people who govern us (and most of them
does'nt know that even they have to pay tax). There had been a lot of controversy over this; your views and mine would be
floating in air, as we see whatever the 'responsible' people feel fit WILL BE CARRIED OUT, irrespective of the general
consensus. Why worry? So, go to sleep now and be ready to shell out in the next tax paying season. Cheers!!
Fri Nov 29 15:09:06 2002
Name:Ravi
Email: ravi1jani@yahoo.com
Your Views: The proposal to phase out the housing loans for Tax rebate will hit the salaried calss very very hard. Though one
can argue that the interest rates have dipped down inflation has compensated for it by pushing the real estate rates up all the
time.Using the salaried class as the Milch cow is a favourite past time of the Kelkars of the Land
Fri Nov 29 15:09:08 2002
Name:r.n.prasad
Email: rnprasad4@rediffmail.com
Your Views: savings is an important factor in anybodies life.salaried class people does it for education, marriage, owning a
house,as well as his retired life.if the government does not give rebate for this the service class people will be forced to beg alms
Theprices of petrol ,electricity.essential commodities,education has gone up enormously which has compelled people to cut
expenditure on food. medical treatment has gone up very highSo the government should take a sympathetic view for its own
employees who are honest taxpayer before implenting kelker committee report They should not be punished for honestly
paying tax .already the interest has gone down substantially on savings
Fri Nov 29 15:09:40 2002
Name:msyadaw
Email: msyadaw @rediff.com
Your Views: Proposal is very good,there should be no exemption limit.in country like india where very few percentage of
people have got job .Every person who has got Job should pay tax irrespective gross annual income but percentage should be
lower.Person WHO HAS TAKEN HOUSE LOAN AS PER PRESENT SCHEME TO SAVE TAX MAY BE GIVEN
SOME TIME SAY FIVE YEAR.
Fri Nov 29 15:10:08 2002
Name:rakesh
Email: rockykapoor@rediffmail.com
Your Views: -----WHAT ABOUT THE TAX FROM BUSINESSMENA AND SMALL TRADERS? MANY DONT'
EVEN KNOW WHAT INCOME TAX IS. IT IS ONLY THIS FOOLISH JOB ORIENTED MIDDLECLASS THAT
BECOMES VICTIM OF SUCH PROPOSALS. ON ONE HAND YOU REDUCE THE INTEREST RATE? SO LESS
AND LESS INCOME FOR THE PENSIONERS AND RETIRED PEOPLE. THEN , YOU ALSO TAX THEM.
SHOULD THEY ALL COMMITT SUISIDE?????????? TELL ME MR.KELKAR???????? EITHER DO ONE GOOD
THING. PLEASE GIVE TAX EXEMPTION TO THE RETIRED PERSON. OR HAVE SOME SPECIAL SCHEME FOR
THEM WHERE THEY CAN EARN SOME MORE INTEREST TO STAY ALIVE...... AND PLEASE PLEASE DO
SOMETHING TO BRING THE RICH FARMERS, SMALL TRADERS, BIG BUSINESSMEN , POLITICIANS ETC.
UNDER INCOME TAX RULES. it rules ARE NOT ONLY FOR THE POOR MAN DOING A JOB IN PRIVATE
COMPANY!!!!!!! IF YOU GIVE DEPRICIATION ETC. BENEFIT TO THE BUSINESSMEN , DO POOR MAN
STAY ALIVE BY EATING AIR????????? THEY ALSO NEED SOME KIND OF DAILY EXPENDITURE TO STAY
ALIVE. SO STANDARD DEDUCTION IS HIS RIGHT. ** DONT' KILL INDIAN MIDDLE CLASS WHICH WORKS
MORE FOR THE NATION AND NATION EARNS ON THEM *** IT IS BUSINESSMEN WHO CHEATS NATION
- CATCH THEM
More: 'Removal of sops on housing loans will ruin many a dream'
ALSO READ:
Message Board: Are Kelkar's tax proposals unfair?
The Kelkar Panel tax proposals
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