'Tax structure should support the honest, not overburden
Previous messages
Fri Nov 29 16:41:48 2002
Name:Kailash Gupta
Email: guptakg@rediffmail.com
Your Views: Dear Sir, I have learnt most of the features related to Tax Schemes by Mr. Kelkar. My request is that rebate on
House Loan and Insurance Policies should be continued that will give much boost to Indian Industry. The premium paid
Insurance Companies are to be invested for the development of infrastructure. Secondly, the house loan is giving at the other
end boost to Indian Steel, Cement and other industry related and giving rozgar to poor labours also. The Rebate on PPF, NSC
etc. are to be removed. Thanks, Kailash Gupta
Fri Nov 29 16:42:24 2002
Name:Deepak N Shah
Email: dn.shah@mudra.com
Your Views: Government has to think positive for all direct tax payer who are paying the tax honestly should not be penalised
by higher rate of tax.90% of direct tax payer are with lawer salary for which they don't have a money for the education of their
children nore they are capable for good medical facility.For all private sector direct tax payer does't have any provision for
retirement plan nore government is bothered for.For all direct tax payer government is giving any social security of their
family.what we expect from government by paying huge amount of tax,which you are recomending Mr.Kelkar,have you ever
think about the lower middle class of Indian Citizen all which are paying the uneffordable tax by reducing their primary daily
expense.Pl think..Pl again the request from all law class of people who are struggling for their daily life. Thanking You Deepak
Shah PROUDLY INDIAN CITIZEN
Fri Nov 29 16:42:30 2002
Name:SYAMSAMUEL
Email: syamsamuel@rediffmail.com
Your Views: the proposal is good. but the people in the bracket 2 - 5 laks , the rate should be 10 - 15 %. the lifting of savings
schemes exemptions can be done away in a phased manner.
Fri Nov 29 16:42:35 2002
Name:Amol
Email: amolpg@hotmail.com
Your Views: I won't say they are unfair, but in a country where only 3% people pay tax they have to revise tax system.
Farmers don't pay any tax, businessmen usually get away with very little tax. So basically its only middleclass servicemen who
pay hefty fees for govt mistake!!! In western countries taxes are very high & people there don't really complain why? For two
reasons, tax system is uniform, no matter what you do you pay tax(Farmers don't get away, so do businesses), secondly you
get social service protection, so people don't tend to save a lot instead they tend to spend whatever they earn. India needs to
think on those lines if its really looking to propup its economy. Just changing tax slab is not going help in long run
Fri Nov 29 16:45:43 2002
Name:ABC
Email: abc@xyz.com
Your Views: According to past recommendations the tax slab should have been raised to 1 lac for tax-free, 2 lac for first level
of tax two years ago itself. But the govt waits for elections and it's vested interest. Now the recommendation should have been
upto 2 lac taxfree and upto 5 lacs in first level of tax if all concessions are to be removed. (By the way how much does
Yashwant Sinha paid as income tax in last years and how much Jaswant Singh himself plans to give). But everyone knows that
govt will cry for funds which are needed on minister's foreign trips, surgeries and tea parties. Also can Mr. Kelker justify, why a
business man gets a depriciation on his car and computer whereas a salaried class does not? If he intends to remove std.
deduction, bring in depriciation which others enjoy. Why does every one targets the salaried class? Is it so because 'jo jitna
dabta hai usse utna aur dabao!!'
Fri Nov 29 16:46:48 2002
Name:Shankar Prasad
Email: shankarprasad75@rediffmail.com
Your Views: I really haven't studied them in detail - but I'm clear about one thing - I am not in a mood to even pay a single
paisa more tax than what I am paying currently. So as long as it REDUCES the net amount I have to pay I am ok.
Fri Nov 29 16:47:20 2002
Name:Thresia Prashanth
Email: thresia2007@rediffmail.com
Your Views: The tax proposals are very tough on the pockets of the honest tax payer (ie) the salaried middle class - the only
class of real taxpayers in India. The proposed withdrawal of tax exemption on housing loans will hit the middle class very badly.
All in all it is very detrimental to the interests of the middle class.
Fri Nov 29 16:47:34 2002
Name:M A KADRI
Email: gentleman29@rediff.com
Your Views: In my opinion it is unfair, because every year middle class people specially govt. servant crushed by the financial
policies every year, bec. they are accountable even for a single rupee also. to a single bug also and private sector enjoyed very
well.
Fri Nov 29 16:47:53 2002
Name:deepak pandit
Email: dmpandit@eth.net
Your Views: continuation where people are dying or commiting sucide as they hv not been paid for yrs the husband wife team
of CM has not said or apologised to nation & this man has the audacity to say "is desh mein bahut politics hai" the fat cat
lawyers of political parties do not hv time to file pil for these people when they wl file pil or defamation suit for insignificant
things.our heads hang in shame tht this country has people like us.do something abt these mr kelkar. but u r also part of same
system so its waste of time. farms owned by rich people r for purpose of avoidng taxes. do something abt tht. start looking for
people with a desire to do something for the country & not tke everything from the country and work out a strategy to stop the
rape of this country & her people & be part of history as country maker & not breaker.
Fri Nov 29 16:48:28 2002
Name:haridas
Email: hari.das@ejcb.com
Your Views: Lifting of standard deductions and all exemptions will hamper the middle class( salaried class). Any how their
propsal for 15% tax upto the income of Rs.2,00,000 lacs also not attractive. NDA Govt.( BJP) will be main losser in near
future elections anywhere in India if this implemented.
Fri Nov 29 16:48:50 2002
Name:I agree that the proposals are unfair.
Email: breathers@hotmail.com
Your Views: Might has always been right in Indian Politics.The rich hae Vitamin M[Money Power],the poor have muscle poor
& Ambedkar factor to protect them.The middle class are too vulnerable & since they have to wait till election time to voice
their feelings the timing effect is lost.Knowing this week quality of the middle class which forms a major revenue earner for the
govt the govt & all its allies & appointed agents toe the line of the appointer[the govt],to the detriment of the public at large. Ms
U.Joshi.
Fri Nov 29 16:50:43 2002
Name:K.Jagadish
Email: jags_123@indiatimes.com
Your Views: The Kelkar proposals on direct taxes will further put additional burden on the Salaried middle class with a host of
exemptions and savings benefits being withdrawn. The salaried class is the most helpless, since Tax is diligently deducted at
source. You cannot keep on sqeezing this class to mop up additional revenue. You can instead impose atleast a minimum tax of
about 15% on agricultural income above four lac rupees. Thousand of crores of rupees are locked up in litigation, pls explore
possibilities to reduce them and mop up as much as possible by closing these cases as fast as possible thru out of court
settlements.
Fri Nov 29 16:52:41 2002
Name:Mandar
Email: mandarchakradeo@yahoo.com
Your Views: He may be having right intentions. But why all things are imposed on Salaried and professionals are not targetted.
e.g. The standard deduction facility resembles to the expeses shown by professionals. Does he expects all salaried persons
should change to professionals? Anyways every penny earned by a salaried employee is open. Why don't he suggest something
to take money out of professionals pocket who has means to hide money.
Fri Nov 29 16:54:26 2002
Name:sandeepc31
Email: sandeepc31@rediffmail.com
Your Views: Dear Sir, Even though the mesaures suggested by you will help Government to reduce it's fical deficit, you are
catching the wrong person's neck. you should give more benefits to middle class at tax rich persons. you have rightly asked for
taxing the agriculture income. The exemption limit for tax for slaried class should be minimum 2 lacs looking at the cost of living
these days. We are looking forward for your report beingaccepted by FM in Toto with our suggestions being duly taken care
of.
Fri Nov 29 16:54:31 2002
Name:KULDEEP R KSHIRSAGAR
Email: kuldeep_rk@yahoo.co.uk
Your Views: Sir, This proposal is only for the upper class. For middle class and upper middle class i.e. earnings upto @ Rs.
3.5 lacks to 4 lacks, direct tax liabilities are incresed from Rs. 5000 to 11000 considering the savings a middle class person
does. Contrary to that Tax liabilities of a person earning more tnan Rs. 5 to 6 lacks are going to reduce a lot. Again this will
have an adverse effect on habit of savings. no body does the savings on his own. it is the carrot of saving taxes that leads to the
saving. Mr. Kelkar should live a life of a middle class person, must see what and how it is difficult to make living as well do the
provision for future of childern. It is easy to sit in a AC Room. and kick to middle class person.
Fri Nov 29 16:55:40 2002
Name:k k maurya
Email: kkmaurya63@yahoo.com
Your Views: i want to emphasise just one point that the tax proposals are heavily against the lower middle class people.it will
burden only the honest people who are already burdened with tax.dishonest govt employees and scrupulous buisiness man will
not feel the pinch of tax because while the former can afford to pay the tax while the latter are spared of extra taxation that they
can easly afford. i request the tax authorities to streamline the tax structure in such a way that lower middle class is not heavily
burdened with tax.rich and buisiness people sholud be taxed more than the lower middle class people.
Fri Nov 29 16:55:54 2002
Name:updesh
Email: updeshsingh@yahoo.com
Your Views: Yes these recommendations seems unfair and unjustified. Tax structure should support the honest and should not
overburden him.
Fri Nov 29 16:56:56 2002
Name:Dr soumitra Majumder
Email: s1m@rediffmail.com
Your Views: all incomes to all comunity should be taxed as money is same for every one. it means specialy s.t. of india as it the
root cause of insergency
Fri Nov 29 16:57:02 2002
Name:Dipak Arya
Email: dipak_arya@yahoo.co.in
Your Views: The proposals are unfair to the middle class. Especially, recommendations in regards to tax exemptions will are
unfair since incentives for savings no longer exist with the current rates of interest.
Fri Nov 29 16:59:21 2002
Name:Muni
Email: munimarappa@mail.com
Your Views: I like to have only two-slab tax rate. but removing all exemptions on saving shouldn't.
Fri Nov 29 16:59:51 2002
Name:A.K.Singh
Email: aksingh@tpc.tatasteel.com
Your Views: Proposal is fair but interest deduction from the gross on the housing loan should not be stopped at all as it will
badly hit to the people gone for the personal house or thinking to own. Further, it would directly give impact on infrastructural
development and the associated industries and bank which will not be good for development of Indian economy.
Fri Nov 29 16:59:53 2002
Name:dvssmurthy
Email: dvssmurthy@rediffmail.com
Your Views: Please spare a thought to what exactly the tax proposals are saying. i feel we are all reacting with our heart rather
than mind.this comment is regarding personal tax proposals. these are actually good and in immediate future can be used to
argue for taxes on agriculture and slap the companies whining to pay minimum alternate tax. reg other proposals they appear to
be well thought out but it seems the panel did not go into the aspect of implementation. if this panel also finalises a plan of
implementation and puts it on net along with estimating loss of revenue while implementing i think mr kelkar would have done a
great service by depoliticising taxes like he did in the case of oil.
Fri Nov 29 17:01:53 2002
Name:santhosh
Email: santhoshkumarg1968@hotmail.com
Your Views: simplifying the tax slabs isgood. but what all modifications which sre taking place in tax arena are directly
targetting the middle class/ the working class for which they have income which is known. do any kelkar or any government
take any action against those businessmen (big/small) who evades tax. neither they have to pay tax, nor they have to worry
about any kelkar!. the working class is always come under the tax and they have no option ti evde tax for it is being deducted
at source! and their income is known. if at all their expenditure to meet both ends is same as that of income, they have to pay
tax.
Fri Nov 29 17:01:58 2002
Name:Nafis
Email: nafis@rediffmail.com
Your Views: Tell Mr Kelkar to be in our place as a middle class person earning a small salary, then he will come to know the
burden of lifting the exemptions. In any case we paying so many taxes in day to day life everywhere. I feel that he is making
arrangements for getting his own salary.
Fri Nov 29 17:02:53 2002
Name:Umesh K
Email: umesh_k@valleyalley.com
Your Views: I feel that Income Tax rate should be reduced to 5% if they are removing the exemptions for savings schemes as
Middle Class people only saves money for their futures.
Fri Nov 29 17:04:24 2002
Name:Nilesh Sathe
Email: nsathe@vsnl.net
Your Views: Isnt it surprising that the only class to have taken these proposals seriously are the salaried class while nobody is
even contemplating that the proposals involving tax on farm income will ever be implemented? So 3 % of the population will
continue to be squeezed and nobody will give a damn. paying
Fri Nov 29 17:04:29 2002
Name:vvsmurthy
Email: vvsmurthy55@hotmail.com
Your Views: Kelkar's proposals are aimed at simplication of tax structure which is a welcome move. But the concern is that
salaried employees are denied standard deduction(if the proposal is accepted) which is meant for expenditure to be incurred by
employees for earning salary, viz, exp. on books,fees payable to professional bodies etc. Employees are also not allowed
depreciation & vehicle maintainance expenses. However these expenses can be claimed by professional consultants for earning
the professional income. We have to address this type of anamolies.
Fri Nov 29 17:05:03 2002
Name:SUMAN K SINHA
Email: ayush@eth.net
Your Views: IT IS QUITE UNFAIR ON THE MIDDLE CLASS. AS IT IS THIS SEGMENT IS BEARING THE
CRUNCH OF POLITICAL & FINANCIAL MISMANAGEMENT OF OUR CORRUPT POLITICIANS AS WELL AS
BABUS. THE REMOVAL OF SEC 88 & WITHDRAWL OF HOME LOAN BENEFITS WILL FURTHER HIT THE
POCKET OF HAPLESS MIDDLE CLASS . S.K SINHA
Fri Nov 29 17:06:50 2002
Name:Hari Kaimal
Email: harikaimal@hotmail.com
Your Views: Yes, it is totally unfair as it seems, it has been made only for the higher end of the society. Withdrawal of standard
deduction and exemption on savings will definitely trouble the salaried middle class who have no choice but to pay the tax
honestly as their tax is deducted at source.
Fri Nov 29 17:06:52 2002
Name:n.s.rajan
Email: yennessar@yahoo.co.in
Your Views: Yes it is totally unfair. If FM wants to raise revenue, the entire income tax be done with and in its place to offset
the revenue loss, he can impose a blanket levy across the board on excise say 2 or 2.5%. Otherwise the present proposal of
kelkar cttee would kill the milch cow middle class and particularly pensioners.It is not necessarily the industrialists and fdi's
contribute to the growth of the country, it is the middle class which gives shape to the economy. It also goes against the FM'S
STATEMENT TO GIVE MORE MONEY IN THE HANDS OF HOUSEWIFE!!
Fri Nov 29 17:10:56 2002
Name:BABURAO KESHAWATKAR
Email: babunk@rnd.cgl.co.in
Your Views: Sir, The proposal is highly unfare for salaried class people.
Fri Nov 29 17:11:13 2002
Name:Jaideep Ragade
Email: jsr13@rediffmail.com
Your Views: Kelkar's view of phasing out exemtions on housing are not just shocking but also dangerous and unfair. People
have in the past opted for housing loans only after factoring the exemption of interest. Writing this clause off in one stoke could
render a good part of India's middle class with huge debts & nowhere to go. And the depressed economic situation in the
country only worsens matters. It would be better if all those who have been MPs or MLAs are raided & their assets
scrutinised. I am sure the money recovered from them would sustain our economy for a few more years ! But please , spare the
earning class once in a while.
Fri Nov 29 17:12:33 2002
Name:Vijay Balani
Email: vjubalani@rediff.com
Your Views: This report will hit the salaried class below the belt. It will also kill the initiative to save.
Fri Nov 29 17:12:47 2002
Name:MVRamesh
Email: malramesh@rediffmail.com
Your Views: A phased reduction in Standard Deduction is better than an abrupt removal. The recommendations are hard on
salaried class who are undisputedly the most honest tax payers. The task force should concentrate on increasing tax payer's
base by reducing Exemption limit and introducing a nominal tax rate. This is necessary to do justice to already cornered salaried
tax payers.
Fri Nov 29 17:12:53 2002
Name:N.S. RAJAN
Email: yennessar@yahoo.co.in
Your Views: Yes it is totally unfair. If FM wants to rise moeny instead of resorting to Kelkar cttee , he can do away with
incometax in its entirety and in its stead bring an across the board levy on excise by 2 or 2.5% to offset the revenue loss.
Otherwise it will the middle class particularly pensioners who have already lost quite substantially by way of interest loss.
Fri Nov 29 17:14:48 2002
Name:A. Venkata Narayana
Email: narayana_venkata@hotmail.com
Your Views: The tax proposals are one-sided and unwarranted. The government seems to be yet squeezing the pockets of the
honest taxpayer. Getting rid of the existing incentives and SD rebates to taxpayers is good economics which enables the
economy to have substantial savings in the hands of government so the revenue so generated pave the way for investment in the
industry, agriculture and more so the government expenditure such as defence. The middle-class is already overburdened with
tax; the government instead of offering sops to this section is at the game of crushing it to economic pauperism. If the
government is so insensitive to accept the proposals in toto, I think that it's voluntarily walking into the gallows of political
harakiri. Hope some sense will prevail upon this government and hope they will not repeat the mistakes they committed before
the last assembly elections. Economically, the proposals will recoil on the very existence of the present regime.
Fri Nov 29 17:16:04 2002
Name:Shekar K Rao
Email: bytepilot@rediffmail.com
Your Views: These proposals are a sham, and a slap in the face of the ordinary hardworking middle class Indian. It is pathetic
to see these so called reformists always attack the honest middle class taxpayers, while ignoring the scumbag politicians and the
fat agriculturists. A cow can be milked, but that does not mean it should be milked until it starts giving blood instead of milk.
Cut the goddamned leeching bureaucracy in half, and you would get back more money into the goevrnment's coffers than the
whole 20% middle class's tax payment. We middle class people seem to be the easiest target group for such scoundrels, simply
b'cos our salaries get docked at the company level itself, and we can't even raise a protest. Also, the proposals are highly
capitalistic in nature, saying you will have more money provided you don't invest in savings. And where will we go for money
when we are old, Mr Kelkar? Beg before these politicos and bureaucrats again, to ask for money that is legally ours? This
governmet has already signed its death warrant by agreeing to the stupid tax policies of the dolt Sinha. Accepting the Kelkar's
proposal would just mean that it needs a post mortem.
Fri Nov 29 17:17:52 2002
Name:m r kumar
Email: mrk_mrk@rediff.com
Your Views: While these proposals will bring in lot of money to government, it will hit the middleclass badly especially the
lower and lower-middle part of the middle class. Agricultural income should be taxed. why not? senior citizens will suffer very
badly. With large number of ageing population it will really hit them badly.
Fri Nov 29 17:18:00 2002
Name:Anis
Email: dr_anis@rediffmail.com
Your Views: Its no secret that the only people who pay income tax in India are the salaried middle class.Instead of going after
the cash rich tax evaders this govt seems to be hell bent on punishing the honest taxpayer by taking away whatever relief he
had.If the govt implements these unjust recommendations its gonna pay a very heavy price in the next elections.
Fri Nov 29 17:18:24 2002
Name: R SATISH
Email: rsatish@bol.net.in
Your Views: In Principle its good however it will cause problems for middle class and retired people like myself. After
removing all the incentives there should be only two tax levels 10%and 15% There should be no tax upto 3 lakhs ,10% upto 5
lakhs and 155 foe the rest.For retired people above 58 no tax upto 5lakhs,5% for those above. On interest rates 1%
add.incentive foer retired people. It is an accepted fact the salaried people donot account for much in tax collection,the
administrative cost being more than revenue. The surplus staff arising in the tax dept should be given VRS.
Fri Nov 29 17:18:42 2002
Name:Vivek Aggarwal
Email: vivek_agg@hotmail.com
Your Views: I am an IT Consultant, in the highest tax bracket with no exemption available. As per my view, Removing the tax
exmptions is not a correct idea. On the one side, They need money to improve the infrastructure, on the other side, they are
demotivating people for the savings. After all, people saving also got invested in the country's development through banking
channels. Instead of removing exemptions, they should encourage more saving, by increasing the amount invested and redcuing
% exemption from 20% to 15% etc. The infrastructure investement scheme of the govt was very encouraging in the previous
years and ICICI and IDBI has collected lot of money which was invested in the country's development. The current proposal,
will discourage it. I think, they want more money from outside and less from inside to give away the control to MNC's. If we
get more money from India itself, which we do have, our dependency on outside money and external debt will also reduce. So
decision makers, rethink again. May god bless the indian public!!
Fri Nov 29 17:19:03 2002
Name: R SATISH
Email: rsatish@bol.net.in
Your Views: In Principle its good however it will cause problems for middle class and retired people like myself. After
removing all the incentives there should be only two tax levels 10%and 15% There should be no tax upto 3 lakhs ,10% upto 5
lakhs and 155 foe the rest.For retired people above 58 no tax upto 5lakhs,5% for those above. On interest rates 1%
add.incentive foer retired people. It is an accepted fact the salaried people donot account for much in tax collection,the
administrative cost being more than revenue. The surplus staff arising in the tax dept should be given VRS.
Fri Nov 29 17:19:38 2002
Name:K. S. M. Sundaram
Email: sundaram15@rediffmail.com
Your Views: TAX PROPOSALS APART, THE VERY ACT OF LEVYING INCOME TAX ON INDIVIDUALS BY
THE GOVERNMENT IS HIGHLY UNETHICAL AND SINFUL. FOR UNLIKE COUNTRIES LIKE THE USA
WHERE THE TAXPAYERS MONEY IS USED BY THE GOVERNMENT TO TAKE CARE OF SENIOR CITIZENS,
YOUTH EDUCATION AND PROVIDING SOCIAL SECURITY, IN INDIA THE TAX PAYERS MONEY ONLY
ENDS UP IN THE BIG WALLETS OF OUR POLITICIANS. THE TAX PAYERS MONEY IS USED TO PROTECT
THE LIVES OF POLITICIANS HAVING ONE FOOT IN THE GRAVE (THE PM INCLUDED) AND PROTECTING
FOREIGNERS (SONIA GANDHI). SO I FEEL THAT INCOME TAX ITSELF SHOULD NOT BE LEVIED ON
INDIVIDUALS IN INDIA.
Fri Nov 29 17:23:29 2002
Name:paradkar dilip
Email: paradkardilip@rediff.com
Your Views: Govt. can not go back on its committments made earlier based on which tax payers have made investments for
long term. how come suddenly they can withdraw concessions? it not fair on the part of govt.
Fri Nov 29 17:23:29 2002
Name:c j rego
Email: cjrego@indiatimes.com
Your Views: Fair
Fri Nov 29 17:24:17 2002
Name:Sandeep Kulkarni
Email: sakulkar@ptc.com
Your Views: This proposal is fair. The TAX structure has changed considerably in favor of the tax payer over last few years.
The reforms so far were aimed at widening the tax net and making tax evasion less attractive. These proposals are just a small
step forward. The 'heated reaction' as quoted in the pretext of this survey seems to be just media hype; like many other
non-issues. I did not observe any adverse reactions to these proposals while talking to people around me. Govt. shall charge a
flat Income Tax of 30% without any concessions and slabs and all other indirect taxes shall be abandoned.
Fri Nov 29 17:25:13 2002
Name:T.K.PAUL
Email: tkp_jsr@yahoo.com
Your Views: It will be an extra burden to the middle class people specially employee, who are facing stress from different front
Fri Nov 29 17:26:34 2002
Name:rajnish
Email: email@rocketmail.com
Your Views: There is no dearth of jokers in the Indian Political System and then there are bigger jokers who think they are the
most intelligent people who can suggest and run a countries dept by comming up with the most obnoxious suggestions. The
suggestions made by mosy intelligent finance man in the world would have extreme damaging effect in the life of a common
man. He is scared of taxing the business community coz he is scared that his Deepawali gifts for him and his family would be
effected. Hence, the most common man who pays tax, and hence ensures salaries for ppl like this intelligent man, should be
taxed coz they are lesser mortals. Why doesnt he take a lesson in effective tax planning before actually making such pathetic
suggestions which only exposes the level of naiveness and immaturity our most intelligent finance man of the world has. In way
its good.....having such kind of people giving suggestions which would effect the lives of millions of common citizens, brings
forth the faces of those mentally retarted ppl who work in senior positions in the Govt.
Fri Nov 29 17:28:44 2002
Name:Prabodh Bade
Email: prabodhbade@rediffmail.com
Your Views: The proposals given by Dr kelkar are good & aggressive to improve country's economy. One can take more
aggressive steps by introducing following steps 1) Tax slabs up to 100000/- Nil 1 lac - 5 lac - 10% 5 lacs above - 15% 2)
Housing loan : interest Max 75000/- Principal Max 10000/- 3) Std Deduction : Nil Prof Tax Dedn : No Change 4) Sec 88
Rebate : Max 15% to all classes Infrastructire : 30000/- Others 70000/- 5) New tax in form of Expenditure tax should be
introduced as a result one who spend money more will pay the taxes.
Fri Nov 29 17:29:37 2002
Name:Pankaj Jain
Email: jpankaj@melstar.com
Your Views: The proposals given by Dr Kelkar is totaly unfair. It looks like as if he is given the task, to just generate
some(pennies) revenue for the Govt. I would have felt Happier if he had planned something that gets returns and income to the
Govt from the bussiness group. I had seen bussiness community fully enjoying and escaping from the tax burdens and growing
reacher day by day, where as salaried person getting over burdened every year due to Govt. Stupid policies. At least what we
expect from him is that he should act as per his qualifications. The solution he had opted could even be given by a high School
student. What we need at this time is the proper implementation of the rules and not the experimentation of new rules. Try to
recover the revenues that Govt is losing because of smart and cunning people.
Fri Nov 29 17:30:20 2002
Name:john Chako
Email: johnchako@rediffmail.com
Your Views: A report is totally brainchild of a person who does not understand basic reality of the ground like ex-finance
minister Mr. Sinhan & Mr. kelkar. If you check top most Income tax payer of last year , Let me how many are there in top
Income tax payer on annual basis are from Ambais, Tatas or Birlas. Why the IT department is not surprised with that. The Tax
department will allow all the concessions to the rich & famous. You are giving all kinds of Depreciation to business class, they
can go on vacation to foreign countries, live luxury life style at the cost of business and still pay minimum tax. This is a crime on
part of these "sarakari Babus" who decides such a discriminatory policies. The agriculture income must be taxed if it is more
then 2.0 Lacs. These babus don't have courage to do it, as they are them selves and their masters are involved in getting their
black money to white through these farm house income. This report is a stupid idiot and should be scarped
Fri Nov 29 17:30:38 2002
Name:Gopi
Email: chilakoori@rediff.com
Your Views: Taxation in India now a days became game played on salaried class only. It doesn't make any sense in removing
the exemptions(where the pockets are already having lot of holes). Can these so called wise(committe heads) people should
think bringing all citizens(based on asset index) of India responsible for taxation? This asset index is something like for each
individual based his income & assets a index will be given. It should be tracked at national level for each year. This type of
taxation is already there in USA (If I am right). This makes really sense , then you can remove all exemptions. Because this way
it covers all categories of people (i.e., Salaries class & Non-salaried class) & sufficient amount will be generated which can be
used for country development. You (committe) saying at one end as this will effect only small percentage of people in India &
justifying with %. Then these wise people should think how does adding / removing exemptions on this class people will
improve taxation in India. Till the time leaders with real visibility (i.e., not having short sight like giving bonuses for one section of
people) heads at apex this game continues.
Fri Nov 29 17:35:01 2002
Name:Ravi Kar
Email: dkar@indiatimes.com
Your Views: Hi, As this is a democratic country so I hope everybody has the right to express their view. This includes Mr.
Kelkar as well as me. Yes, it is absolutely unfair. I think this country has max. middle class person. He didn,t have any
consideration for them. He has tried his best to squeeze the happiness of the salaried class(by not giving a chance to do any
kind of property for them) and given a good support to the rich people by abolishing property tax. He is advocating his plan of
more investment. It is beyond my understanding, Because if his plan is implemented then there would be more gap between the
rich and poor. There would be more chaos in the society. People would start looking for ways to evade tax and any ways rich
class always have no of ways to evade tax. In short what I feel this is s serious joke which leave the Indian economy high and
dry(Absolutely Rubbish!!!!!!!)
Fri Nov 29 17:35:15 2002
Name:S.Subramanian
Email: smanian_ks@vsnl.com
Your Views: My view is that the TAX proposal definitely needs change. Also the complexities involved in the calculation
should be removed.So, remove all the tax benefits given .including the 88. .Make a single TDS at @15% and fix it for 5 yr
term. Create a development fund and amount deposited in this fund does not come under tax purview. Max limit be 1 lac.
Again this to be done through the company itself similar to PF. Each year to be declared as a specific development year and
use the money to build India. Applicable to all citizen of India ,including those occupying to position.
Fri Nov 29 17:41:09 2002
Name:B. K. Panigrahi
Email: bkp@igcar.ernet.in
Your Views: People have made longterm investment in housing to available tax benefits. It is unfair to remove tax rebate
suddenly. It should be done in a phased manner say in six to seven years.
Fri Nov 29 17:41:31 2002
Name:Jaideep Datta Gupta
Email: j_dattagupta@hotmail.com
Your Views: Dr. Kelkar's opinion that all the standard dedeuctions and exemptions on savings should be lifted has indeed a
nerve breaking and spine chilling effect on us ,specially for the middle class. After all why does a person requires all these
exemptions ? So that he is able to save some of his hard earned money for the future when he will be no longer able to work or
earn. But if his hard earned money goes to goverment's pocket and at the old age he is left at the mercy of god, it will create a
havoc in the society Since we don't have a social security system, and bank rates are being cut day by day,share market is in
doldrums ,where does the common man go ? Where does he invests his money ? Perhaps Mr. Kelkar and his committee
members do not belong to middle class and are unable to understand the sufferings of a common man. If the government is
die-hard to bring this bill, it will be a last nail on their coffin.
Fri Nov 29 17:42:42 2002
Name:vipul
Email: vipul_pali@rediffmail.com
Your Views: Dr. Kelkar's recommedations are growth oriented but can prove to be fatal for the government.
Fri Nov 29 17:46:29 2002
Name:A Ramasubramanian
Email: rama111976@rediff.com
Your Views: The proposals for phasing out Deductibility of Housing loan interest, of standard deduction,and of tax savings
investment benefits under the I T Act would yield hardly any tangible revenue to the Exchequer while they will certainly
adversely affect the middle class who are comparatively most honest tax-payers. The Govt should be magnanimous enough to
continue such benefits which also help investment and savings. After all, these tax savings only go to the Govt coffers albeit on
different accounting heads!! . We do not have any social security schemes for private sector employees and hence drawing an
analogy from the Western Tax policy model for withdrawing the benefits would be illogical and unfair. When we cannot even
try to compare our country's state of prosperity with that of the West, how can we shape our tax policies on the basis of the
Western model? The Govt owes its duty to first provide for the social security of millions of retired private sector employees
before attempting to tax them. They are the softest and easiest and can be tackled more easily than any other class. However
the admin reforms suggested by the committee are welcome.
Fri Nov 29 17:46:48 2002
Name:L.S.Rao
Email: lsrinivasa_rao@rediffmail.com
Your Views: This is unjustified.Dr.Kelkar may not be knowing the problems of middle class.Why he has not sugested stringent
law on tax evders and un coverd people Such as Drs,lawyers etc;who don't maintan proper recods of their earning.If the report
implimented the middle class savings will be less which effects their families futer and this effects the society and ultimately the
welfare of the nation. Thanks for calling the views of the public.
Fri Nov 29 17:51:30 2002
Name:Ramesh Bhatnagar
Email: rameshb@hotmail.com
Your Views: They are fair. At least for the salaried class it means that there is someone who thinks of simplifying the taxation
rules and tries to reduce the tax burden in a straight fwd manner. This is arefreshing change from the rules that advance the
principle of the country being a Tax Haven for cheaters and crooks while being amongst the heavily taxed country in the world
for the salaried. It is as if the current rules want to take a pound of flesh from anyone who had the guts to study, work hard and
get a good salary.
Fri Nov 29 17:52:12 2002
Name:srikanth
Email: srikhema@yahoo.com
Your Views: My view is that taxation should be simplified and a flat tax rate to a maximum of 20% should be levied on salaried
class irrespective of the income. Also a rebate should be given for savings/investments made by the salaried class. The rebate
should be 20% subject to a cceiling of Rs.1 lac per year. This rebate should be on ppf or infrastructure bonds.
Fri Nov 29 17:52:22 2002
Name:Pranav Pratap Singh
Email: pranav_pratap@rediffmail.com
Your Views: Kelkar's proposals are not unfair but inevitable. It's a shock to wake the smug middle classes up and make them
see the truth. These proposals may not impoverish the middle classes but may give a boost to our economy.
Fri Nov 29 17:54:22 2002
Name:Amod Kumar Singh
Email: amod_singh@rdiffmail.com
Your Views: This is highly unfair as the already taxed up salaried class gets the axe again. Savings done in NSC or similar
things in one way is beneficial for te govt too.
Fri Nov 29 17:57:38 2002
Name:J.E.Kaushik
Email: jekaushik@solay.net
Your Views: As a citizen of India and an obedient Tax payer this is the punishment that will be meted out to for being a honest
tax payer.Why dosen't Mr Kelkar turn his guns on consistent defaulters as regards to Tax payment. The film Stars and other
VIP personalities by default have thought the tax laws are not applicable to them. Why should a common man suffer for the
knowlingly done misappropriation by few. If really the govt have guts they should book these culprits and extort from them fine
for default.Ministers in India enjoy the previlege of hiring a charted plane for their official visits within and abroad. Who pays for
these.Has the Kelkar Panel anywhere recommended Common man need not pay for these extragavanzas by the ministers.To
construct a house in India is considered as a previlege for a lucky few.To construct a house a common citizen of India has to
tighten his belt around his stomach to maintain the budget.In west a tax payer in return gets a free medical treatment for his
family in a class hospital, good roads, a fantastic drainage system, schools.Here inspite of paying the tax the returns are
zero.Thankyou Mr Kelkar for your fantastic brains.
More: 'It's shocking news for an employee'
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