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Line Postcard to the FM

Mon Feb 12 22:20:08 2001
Name:asokkumar
Email:magadha@rediffmail.com
Suggestions:Respected sir, I think sir; you are in a tension to prepare the annual budget for the year 2001-2001. Now tragedies are hitting over our country as earthquakes, floods, storm and terrorisms. Opposition parties and the other members of NDA are not willing to cut the subsidies, which is the burden of Indian economy. But sir; I think our Govt. must take some bold steps (but it is the very easiest way to raise the revenue) and to make a lot of money for the development of our country. And our finance ministers in the past are not interested in this type of taxation method, which I am referring below. I am not an economist. A common man who is praying for the fast development of our nation and to wipe out the sorrows of our poor people the backbone of our country. My name is Asokakumar, residing at ‘Magadha’, Kolazhi, Chiralayam in the town named Kunnamkulam of Thrissur District, in Kerala State.(Pin.680503). I have some ideas to boost our economy in simple ways. Sir; you can take this seriously or ignore it. But before throwing this to waste basket, Pls go through these lines and some times you will get some ideas from this file. Step 1. Many of our Indians are employed abroad, specially Keralites. We must get 100% of customs duty from the passengers. But in my view 90% of our revenue is filling the pockets of some officers and staffs as bribe and Indian Govt. gets only 10% revenue from the airports. This is true or a naked truth every common passenger knew. Have our Govt. officials think about it? How much revenue is Govt. loosing out. My suggestions: Let us introduce a new scheme to the NRI’s “ VARADHAAN” (Boon). Give an instruction to all incoming NRI’s to take a IT coupon worth 100$ (Or equivalent foreign currency) per air ticket from the Banks, Counsels, Embassies or from Aviation companies and give them an opportunity to take 30kgs of goods instead of 20kgs as luggage (except gold, armaments, drugs and other Govt.banned products) and they must be allowed to enter through green channels without paying a single paise as custom duty. There are two advantages in this scheme. One to stop the bribery in the airports and the Govt. will get full revenue from the incoming passengers. Let us make a simple calculation. 100$ from minimum 200 passengers in an aircraft will be equal to 20,000$ per aircraft. I think minimum of 50 planes are landing in our country from several foreign countries daily. Let us take 25 schedules and it make 20,000$ * 25 = 5,00000$ revenue in foreign currency per day and 1,50,00000$ per month. This scheme will be a boon to our NRI’s and they will all welcome this. Step 2 I am a document writer dealing with several documents for registering the deeds in the business of real estate. And I know 95% of our people are doing malpractices to escape from the income Tax department. White money is converting to black money. Why can’t we stop it? And the Govt. is not getting any taxes from this people. My suggestions: Let us raise the limit of ITC certificate to 25,0000/- instead of 5,00000/- Please avoid the question “ SOURCE OF INCOME” . instead of asking for source of income let us introduce new taxes for transactions. Amount Vendor Purchaser Below 10,000/- 100/- 100/- 10,000/- to 1 lakh 200/- 200/- 1 lakh to 5 lakhs 1000/- 1000/- 5lacs to 10 lakhs 2000/- 2000/- 10 lakhs to 15 lakhs 3000/- 3000/- 15 to 25lakhs 5000/- 5000/- Above 25 lakhs 10000/- 10000/- In my opinion the revenue from this will be much higher than any other taxes. Step.3 Avoid “ Source of Income” on purchase of new vehicles. Collect tax at the time of purchase and ignore the source from the money comes. 2 wheelers, mopeds and motorcycles below 100 cc 500/- 100 cc motorcycles and 3 wheelers 600/- Above 100cc 750/- 4 wheelers below 3,00,000 rupees 1500/- …Do……….. 5,00,000/- 2500/- …Do……….. 7,00,000/- 3000/- …Do…Above 700000/- 5000/- All types of Heavy-duty vehicles 5000/- These are all for new vehicles. What about the second hand vehicle transactions…0% My suggestions Charge a tax at the time of changing registrations every time All types of 2 wheelers and 3 wheelers 50/- All types of 4 wheelers 100/- All types of Heavy duty vehicles. 200/- Step 4 Collect Rs.25/- as income tax each time on renewal of driving licenses from all persons. Step 5 Collect Rs.50/- from all inland air passengers and First class or executive railway tickets. Step 6. Collect Rs.500/- from all branded or assembled computer buyers at the time of purchase. Step 7 Collect Rs.1000/- per year from all the contractors, advocates, professionals, document writers who need a license from the Govt. and the tax must be collected at the time of renewal of their licenses. Step 8 Why to fear the cell phone users, telephone consumers, credit card holders, and Internet users. All are afraid to accept the new technology because of the IT. My suggestions. Collect Rs.10/- at the time of purchase of simcards for cell phone, Rs.100/- yearly from all telephone users and internet users, Rs.1000/- yearly from all credit card holders. Step 9 Collect taxes for all purchase of electric-electronic products: Rs. 10/- for every product ranging from 500 to 3000/- Rs.50/- for every product ranging from 3000 to 5000/- Rs.100/- 5000 to 8000 Rs.150/- do 8000 to 15000/- Rs.200/- do 15000 to 25000/- Rs.500/- Above 25000/- Step 10 Introduce tax on every purchase of textile goods, gold and silver ornaments 10Rs for every purchase exceeding bill amount 1000 to 3000 25Rs 3000 to 5000 50Rs 5000 to 7000 100Rs 7000 to 10000 250Rs Above 10000/- Step11 Impose a tax of Rs50/- on all electric (Household) bills. Impose IT on every purchase of Foreign liquors Rs.10 for 750ml, Rs.25 for 1ltr, Rs.5 for 500ml and 250ml. Collect taxes from wooden furniture buyers. Make higher taxes on cigarettes Step 12 Collect taxes from every fixed deposit recipts exceeding 5000Rs and avoid the term source of income from the common people. 100 Rs for deposits of 10000/-, 150Rs for 10000 to 30000 deposits, 250/- for 30000 to 50000, 300Rs for 50000 to 100000, 500 for 100000 to 3lakhs, 1000Rs for 3lakhs to 5lakhs, 2500Rs for 5lakhs and above. Step 12 Collect Rs.10/- as tax for every online purchase. For collecting this amount introduce IT COUPONS ranging from 5Rs to 10000Rs which is available in all banks, R.T.O, S.R.O duly signed by the IT personal or authorized officer of Income Tax department which includes the name and address of the buyer and seller or dealer, name of the product, serial no of the product, value of the product, bill no, date of purchase, signatures of the vendors and purchasers and also a text showing that this coupon should be produced before any IT officials on request and the IT CARD is not transferable. The delears can collect the coupons in any denominations from any banks on payment and it is punishable under section….. for misusing the card or for not issuing the card to the customers. And 100$ IT card for the NRI’s Conclusion : 3/4TH of our population is using their brains to make false accounts to escape from IT. Sir, why can’t we make a change? Let them use their 1/4th brain for accounts and 3/4th to develop their business or industry and make India world leader. We can….sir, Govt. can contribute 25 or 50% of income from the above revenue for the development of the states. Sir we can build a super express highway and meet our expense from the tax mentioned in the step3 and 4. “Something is better than nothing” You can hike the income tax limit to 150000/- that will be cheered from the employees and thus we get another term of 5 years. We can adjust the budget without increasing other taxes on common man. I have many to tell. If you have a good mood to read this mail, sir please respond in my address and I will be honored. MERA BHARATH MAHAN………..BHARATH MATHA KI JAI Thank you, ASOKA KUMAR, MAGADHA, KOLAZHI, CHIRALAYAM, KUNNAMKULAM, THRISSUR,(DT) KERALA STATE. 680 503. e-mail : magadha@md5.vsnl.net.in. Respected sir, I think sir; you are in a tension to prepare the annual budget for the year 2001-2001. Now tragedies are hitting over our country as earthquakes, floods, storm and terrorisms. Opposition parties and the other members of NDA are not willing to cut the subsidies, which is the burden of Indian economy. But sir; I think our Govt. must take some bold steps (but it is the very easiest way to raise the revenue) and to make a lot of money for the development of our country. And our finance ministers in the past are not interested in this type of taxation method, which I am referring below. I am not an economist. A common man who is praying for the fast development of our nation and to wipe out the sorrows of our poor people the backbone of our country. My name is Asokakumar, residing at ‘Magadha’, Kolazhi, Chiralayam in the town named Kunnamkulam of Thrissur District, in Kerala State.(Pin.680503). I have some ideas to boost our economy in simple ways. Sir; you can take this seriously or ignore it. But before throwing this to waste basket, Pls go through these lines and some times you will get some ideas from this file. Step 1. Many of our Indians are employed abroad, specially Keralites. We must get 100% of customs duty from the passengers. But in my view 90% of our revenue is filling the pockets of some officers and staffs as bribe and Indian Govt. gets only 10% revenue from the airports. This is true or a naked truth every common passenger knew. Have our Govt. officials think about it? How much revenue is Govt. loosing out. My suggestions: Let us introduce a new scheme to the NRI’s “ VARADHAAN” (Boon). Give an instruction to all incoming NRI’s to take a IT coupon worth 100$ (Or equivalent foreign currency) per air ticket from the Banks, Counsels, Embassies or from Aviation companies and give them an opportunity to take 30kgs of goods instead of 20kgs as luggage (except gold, armaments, drugs and other Govt.banned products) and they must be allowed to enter through green channels without paying a single paise as custom duty. There are two advantages in this scheme. One to stop the bribery in the airports and the Govt. will get full revenue from the incoming passengers. Let us make a simple calculation. 100$ from minimum 200 passengers in an aircraft will be equal to 20,000$ per aircraft. I think minimum of 50 planes are landing in our country from several foreign countries daily. Let us take 25 schedules and it make 20,000$ * 25 = 5,00000$ revenue in foreign currency per day and 1,50,00000$ per month. This scheme will be a boon to our NRI’s and they will all welcome this. Step 2 I am a document writer dealing with several documents for registering the deeds in the business of real estate. And I know 95% of our people are doing malpractices to escape from the income Tax department. White money is converting to black money. Why can’t we stop it? And the Govt. is not getting any taxes from this people. My suggestions: Let us raise the limit of ITC certificate to 25,0000/- instead of 5,00000/- Please avoid the question “ SOURCE OF INCOME” . instead of asking for source of income let us introduce new taxes for transactions. Amount Vendor Purchaser Below 10,000/- 100/- 100/- 10,000/- to 1 lakh 200/- 200/- 1 lakh to 5 lakhs 1000/- 1000/- 5lacs to 10 lakhs 2000/- 2000/- 10 lakhs to 15 lakhs 3000/- 3000/- 15 to 25lakhs 5000/- 5000/- Above 25 lakhs 10000/- 10000/- In my opinion the revenue from this will be much higher than any other taxes. Step.3 Avoid “ Source of Income” on purchase of new vehicles. Collect tax at the time of purchase and ignore the source from the money comes. 2 wheelers, mopeds and motorcycles below 100 cc 500/- 100 cc motorcycles and 3 wheelers 600/- Above 100cc 750/- 4 wheelers below 3,00,000 rupees 1500/- …Do……….. 5,00,000/- 2500/- …Do……….. 7,00,000/- 3000/- …Do…Above 700000/- 5000/- All types of Heavy-duty vehicles 5000/- These are all for new vehicles. What about the second hand vehicle transactions…0% My suggestions Charge a tax at the time of changing registrations every time All types of 2 wheelers and 3 wheelers 50/- All types of 4 wheelers 100/- All types of Heavy duty vehicles. 200/- Step 4 Collect Rs.25/- as income tax each time on renewal of driving licenses from all persons. Step 5 Collect Rs.50/- from all inland air passengers and First class or executive railway tickets. Step 6. Collect Rs.500/- from all branded or assembled computer buyers at the time of purchase. Step 7 Collect Rs.1000/- per year from all the contractors, advocates, professionals, document writers who need a license from the Govt. and the tax must be collected at the time of renewal of their licenses. Step 8 Why to fear the cell phone users, telephone consumers, credit card holders, and Internet users. All are afraid to accept the new technology because of the IT. My suggestions. Collect Rs.10/- at the time of purchase of simcards for cell phone, Rs.100/- yearly from all telephone users and internet users, Rs.1000/- yearly from all credit card holders. Step 9 Collect taxes for all purchase of electric-electronic products: Rs. 10/- for every product ranging from 500 to 3000/- Rs.50/- for every product ranging from 3000 to 5000/- Rs.100/- 5000 to 8000 Rs.150/- do 8000 to 15000/- Rs.200/- do 15000 to 25000/- Rs.500/- Above 25000/- Step 10 Introduce tax on every purchase of textile goods, gold and silver ornaments 10Rs for every purchase exceeding bill amount 1000 to 3000 25Rs 3000 to 5000 50Rs 5000 to 7000 100Rs 7000 to 10000 250Rs Above 10000/- Step11 Impose a tax of Rs50/- on all electric (Household) bills. Impose IT on every purchase of Foreign liquors Rs.10 for 750ml, Rs.25 for 1ltr, Rs.5 for 500ml and 250ml. Collect taxes from wooden furniture buyers. Make higher taxes on cigarettes Step 12 Collect taxes from every fixed deposit recipts exceeding 5000Rs and avoid the term source of income from the common people. 100 Rs for deposits of 10000/-, 150Rs for 10000 to 30000 deposits, 250/- for 30000 to 50000, 300Rs for 50000 to 100000, 500 for 100000 to 3lakhs, 1000Rs for 3lakhs to 5lakhs, 2500Rs for 5lakhs and above. Step 12 Collect Rs.10/- as tax for every online purchase. For collecting this amount introduce IT COUPONS ranging from 5Rs to 10000Rs which is available in all banks, R.T.O, S.R.O duly signed by the IT personal or authorized officer of Income Tax department which includes the name and address of the buyer and seller or dealer, name of the product, serial no of the product, value of the product, bill no, date of purchase, signatures of the vendors and purchasers and also a text showing that this coupon should be produced before any IT officials on request and the IT CARD is not transferable. The delears can collect the coupons in any denominations from any banks on payment and it is punishable under section….. for misusing the card or for not issuing the card to the customers. And 100$ IT card for the NRI’s Conclusion : 3/4TH of our population is using their brains to make false accounts to escape from IT. Sir, why can’t we make a change? Let them use their 1/4th brain for accounts and 3/4th to develop their business or industry and make India world leader. We can….sir, Govt. can contribute 25 or 50% of income from the above revenue for the development of the states. Sir we can build a super express highway and meet our expense from the tax mentioned in the step3 and 4. “Something is better than nothing” You can hike the income tax limit to 150000/- that will be cheered from the employees and thus we get another term of 5 years. We can adjust the budget without increasing other taxes on common man. I have many to tell. If you have a good mood to read this mail, sir please respond in my address and I will be honored. MERA BHARATH MAHAN………..BHARATH MATHA KI JAI I have send this file to you sir through your email at sansad.inc.in Thank you, ASOKA KUMAR, MAGADHA, KOLAZHI, CHIRALAYAM, KUNNAMKULAM, THRISSUR,(DT) KERALA STATE. 680 503. e-mail : magadha@md5.vsnl.net.in.


Mon Feb 12 23:01:48 2001
Name:navin bahl
Email:navinb@bom3.vsnl.net.in
Suggestions:Dear Finance Minister, It is our request not to allow the death of Indian Industry by allowing the Imports from China. Please allow Indian industry to live so that many person who earn their living can meet their both ends meet.


Mon Feb 12 23:15:35 2001
Name:Mohammed Illias
Email:illias_m@yahoo.com
Suggestions:Sir,enhance the income tax limit for the disable persons,now we are getting 100/-maximum as conveyence allowence,please make it maximum Rs 500/-Please consider my request on humanetarian gounds.


Mon Feb 12 23:58:09 2001
Name:d. christopher
Email:dchristopher@rediffmail.com
Suggestions:Sir, Every time there is any calamity, Govt. always taxes the income tax assessees only. This affects only the middle class salaried people. In fact it is very difficult for us to even save rs. 60,000/- to avail tax rebate. Therefore, considering the burden on middle class salaried individuals, we suggest to consider either raising the standard deductionlimit or raising the slab of 30% tax rate to rs. 2,50,000/- Looking forward for your favourable consideration. With best regards,


Tue Feb 13 07:14:17 2001
Name:ajay sawhney
Email:uecajay@hd2.vsnl.com
Suggestions:all people in office should pay their bills &then only leave office/or the party office should pay the bills.Cheque bounceing is today the easyest way to make money.i lostRS 50,000/&the other person paid RS 5,ooo/court fees &went away.this law is totally USELESS PLEASE CANCELL IT .This will make us go to other ways to get our money as it is hard earned & not baimani.Please do something


Tue Feb 13 07:16:39 2001
Name:Faustin S. Vasanthan
Email:vasanth@centricitysoftware.com
Suggestions:Instead of increasing the burden on salaried employees he should widen the tax base. (i.e) he should find a way for the business men to pay their taxes properly. He should also find a way to make all politicians disclose their income and they should be made accountable for their unaccountable assets. In India politician/Cine artists are becoming richer and richer day by day. He should also reform the entire tax collection system in India.


Tue Feb 13 11:08:31 2001
Name:E V RAMGOPAL
Email:evramgopal@sify.com
Suggestions:Raise the basic exemption to Rs.1 lakh. Tax corporate sector very heavyly


Tue Feb 13 11:21:33 2001
Name:vishwanath
Email:pisupati_vishwanatha@yahoo.com
Suggestions:we want a tough , conservative budget this year


Tue Feb 13 11:29:44 2001
Name:pragati mohnty
Email:pragatim@rediffmail.com
Suggestions:Dear Mr.Sihna Hearty wishes from pragati. This is the year of women empowerment. So we hope a sustainable and satisfactory budget head would serve for this purpose and India would achieve a high level success in this regard.


Tue Feb 13 12:45:42 2001
Name:vaijayanthi chakravarthy
Email:vaiju7@hotmail.com
Suggestions:Dear Mr.Sinha, I am not that big a person to give you suggestions for the budget. Mr.Sinha, one request is dont look the budget as a bureaucart would do and look at it as a politician. I feel politicians are more humane than the bureaucrats. What are you doing with the middle class....hitting them below the belt. Provident fund savings are the only safeguard the salaried class has. why are you meddling with it. if you dont have any human concerns at least thinks about your votes next time you plan to contest electins. you will definitely be voted even by fools from laloo's party


Tue Feb 13 13:00:00 2001
Name:Viral Parikh
Email:viralparikh@rediffmail.com
Suggestions:Respected Sir, Any increase in personal income tax or it surcharge, however inevitable will put tremendous pressure on the salaried class and honest tax payers, while the black money makers will go scott free. I propose the following instead: 1. Double the penalty on unpaid taxes / concealed income. 2. Start raiding agressively individuals and small businesses who may be concealing incomes to the tune of crores. 3. Come up with a 'Gujarat releif' voluntary disclosure scheme, where people can pay upto 40 % and legitimise their black money. 4. Accede to demand of gender equality of Women's liberation and remove all extra exemptions granted to them for purpose of computation of taxable income.


Tue Feb 13 13:15:06 2001
Name:madhu
Email:sita_sr@rediffmail.com
Suggestions:Dear FM Please reduce the retirement age of government servants to 58 or allow the willing officials to go for a 5 year break as is being done in Kerala and other states. This will allow the officials to try their luck outside besides reducing the "hypocratic and sulking staff".


Tue Feb 13 13:16:17 2001
Name:madhu
Email:sita_sr@rediffmail.com
Suggestions:Dear FM Please reduce the retirement age of government servants to 58 or allow the willing officials to go for a 5 year break as is being done in Kerala and other states. This will allow the officials to try their luck outside besides reducing the "hypocratic and sulking staff".


Tue Feb 13 14:05:47 2001
Name:Sankar P Mukhopadhyay
Email:sankar@chequemail.com
Suggestions:Dear Finance Minister, In the 2001 budget, please give lots of priviledges to the first class tax paying citizens of India. This will encourage people to pay their tax. You may consider special Quota of reservations in Railways/ Airlines, Priority passport processing, special discount on ITDC hotels/ vacation package,...etc as the privileges. These will be only given to persons holding PAN card. You may also consider Ordinary/Silver/Gold pan card for different type of tax payers (i.e. the amount of net tax given in a particular FY). The privilege level will be higher for higher category of PAN Card. Also, please increase the ceiling amount of deduction under section 88. You may consider a ceiling of Rs One Lac Rupees. Best Regards, Sankar P Mukhopadhyay. Email : sankar@chequemail.com


Tue Feb 13 15:37:36 2001
Name:ashwini jeevanrao naigaonkar
Email:www.ashwiniashwini_n@rediffmail.com
Suggestions:I am a engg. student this year we really expect a pure& trasnparant bugget ashwini


Tue Feb 13 17:04:48 2001
Name:M. B. Tamboli
Email:exim@tamboli.net
Suggestions:We need to improve the Labour laws. Though unpopular with the mass is the only way we can survive in the future competition. What is the provision for the same in the this budget.


Tue Feb 13 17:08:14 2001
Name:sachin
Email:sakadkar@hotmail.com
Suggestions:Please cut down Excise Duty. Thanking you


Tue Feb 13 17:58:11 2001
Name:dr. sayana murali krishna
Email:sayanamk@hotmail.com
Suggestions:respected sir, only way of increasing the wealth of the nation is to promote investment in health sector which has been neglected for many decades. working in uk, i find that major share from tax net goes into the health N.H.S. - public sector. hope in future health sector instead of being privitised ,would be a public sector with limited help from private sector dr. murali krishna liverpool, u.k.


Tue Feb 13 18:11:08 2001
Name:AMIT MISRA
Email:amit_a_misra@rediffmail.com
Suggestions:Mr. Sinha, Experience has shown that lower the tax, better the compliance. Further, the record of government agencies in proper utilization of funds available remains very poor. Why do you want to load them with the responsibilities where they have been shown to be lacking. I would request you to instruct govt. depts to act as coordinating agencies only among NGO's and not tax common man.


Tue Feb 13 19:17:23 2001
Name:paras
Email:parasjadhav@usa.net
Suggestions:R/Sir, It is well Known to us that this time u had very tough time for budget due to Gujarat eirthquik. still our sincere appeal to you is that pl. take care of common man living in the country. please reconstruct tax structure and concentrate more on professional ( whose income is non accountable for eg. medical practissioners,vendors and shop holders, big farmers etc) thanking you.


Tue Feb 13 19:30:18 2001
Name:P.Swaminathan
Email:swami1959@hotmail.com
Suggestions:Hi, Scrap the import duty on personal used items being imported by NRIs coming back to india on brief holidays. the present limit of Rs12500 is absurdly low. Whatever the NRI individuals are bringing in they are doing so thru monies earned overseas. thus absurd levels of customs duties on these items only breeds corruption. i 'am also certain that the amount recovered on receipts is negligible. I suggest that duties on all imports by NRIs as personal baggage be please scarapped. Further allowing imports of quality personal efects only enriches the indians and also puts into the hands of Indians latest tools and technologies. Also make imports of electronics and computer parts absolutely duty free this way indians will have acess to the best equipment in the world and make us number one in the world. You can also have an incentive scheme for NRIs making deposits into FCNR/ NRNR deposits. For every Rs25000 depoited in NRNR issue a coupon the the NRI enabling him/her to import into the country goods worth 40% of the amount thus deposited. this will motivate more indians to chanel funds into the country through the legal means. Trust my suggestions find favor with you. cheers Swaminathan.


Tue Feb 13 21:00:20 2001
Name:H N Tavadia
Email:homiyartavadia@hotmail.com
Suggestions:SIR IT IS TIME NOW THAT WE DO AWAY WITH SUBSIDIES AND START COLLECTING TAX ON AGRICULTURE INCOME AS WE CANNOT GOING ON MILKING ONE SECTION OF SOCIETY AND DOLLING OUT GOODIES TO OTHER SECTION OF SOCIETY INDEED I AM AGAINST TAXING SMALL AMD POOR FARMERS BUT INDEED BIG AND MEDIUM ONES SHOULD NOT BE SPARED AND ALSO THERE SUBSIDERY SHOULD BE WITHDRAWN.


Tue Feb 13 21:32:13 2001
Name:Dr. R.K.mohanty
Email:rabikm@rediffmail.com
Suggestions:1) Public expenditure in most of the cases must should be spread equally throughout the year, say minimum 7% and maximum 12% per month of the allocated amount. 2) Tax evading or cases related to public money cases should be time bound, three-six months and one year depending upon the amount involved.


Tue Feb 13 21:34:13 2001
Name:Sarita
Email:sarita_sharma@rediffmail.com
Suggestions:Every where we ask the army to help us out. If it is floods, the army bails us out, if it is earthquakes, the army provides us succor. And yet when we need more money, we tax the taxpayers, a majority of whom are defence personnel. When will you start taxing people who have the money and not just the defence forces because they cannot say anything?


Tue Feb 13 22:29:29 2001
Name:Mahesh
Email:maheshcb@vsnl.com
Suggestions:Dear Sir I happend to read that Int rate is going to be reduced in that case the whole bank int should be made tax free or atleast increase 80 L to 25 or 30000. Also PPF rate should be untouched. Lot of people had planned retirment with this PPF in mind they had take loan calculating intrest @ 12% So it will cause hardship to Millions Altermnativly Intrest on deposits till 15/1/2000 will continue to get 12% and deposits made latter should get 11% Kindly consider Mahesh


Tue Feb 13 22:45:37 2001
Name:ahmed sharique
Email:shariqueahmed@rediff.com
Suggestions:sir, i would like to request u to make a budget which is not hard on the lower class people. I would request u to see that prices of essential commodities are not risen in high proportion , whereas for the defence and for the people of gujrat you could introduce a tax increase as well as import duty on all the items which are being imported for free. i am too small to suggest you something but i have written as my letter may encourage you in a positive way. yours sincerely sharique


Tue Feb 13 23:13:59 2001
Name:praveen
Email:praveendev@yahoo.com
Suggestions:respected FM I request you to give full concession to computer hardware so that many more can have the privilige to learn and use it. Also please advice Telecom minister to have a different pulse rate for ISP's Thank you


Tue Feb 13 23:26:11 2001
Name:N.Subrahmanyam.
Email:neerukonda_subbu@yahoo.com
Suggestions:Hello Sir, I have been working with an MNC for the past three years & my salaries are paid in INDIA in INR. I have been paying lot of Income Tax back home, eventhough we have not availed any services from the Govt.. I appreciate if you can give a little consideration in personal Income Tax to NRI status holders with INR salary incomes backhome. Same systems are followed in US & UK, may be elsewhere also. Thanks in anticipation, N.Subrahmanyam


Wed Feb 14 07:08:52 2001
Name:ashokkumar
Email:ashokkumar44@yahoo.com
Suggestions:please withdaw gulf tax/surcharge on petrolbecause there is no gulfwar for the last 6to 9years


Wed Feb 14 07:09:35 2001
Name:ashokkumar
Email:ashokkumar44@yahoo.com
Suggestions:please withdaw gulf tax/surcharge on petrolbecause there is no gulfwar for the last 6to 9years


Wed Feb 14 08:15:10 2001
Name:nainesh pathak
Email:darsh20@satyam.net.in
Suggestions:please give budget for more emplyment chance also favour for indust ries also co common people of our country


Wed Feb 14 08:15:56 2001
Name:nainesh pathak
Email:darsh20@satyam.net.in
Suggestions:please give budget for more emplyment chance also favour for indust ries also co common people of our country


Wed Feb 14 09:28:19 2001
Name:A Saxena
Email:saxenaaj@rediffmail.com
Suggestions:broaden the horizontal width of tax payer and reduce the vertical limits of tax in order to collect more tax


Wed Feb 14 09:55:13 2001
Name:ARUN.K
Email:arunk@wiprofluidpower.co.in
Suggestions:1. I welcome honourable FM on his initiatives towards simplification of Excise laws. I wish some more in that direction. 2. Regarding Tax on PF withdrawal is not a welcome one. Middle class depends on various requirements on their PF like daughters marriages, childeren education etc. If this is taxed, then where a commonman must go. As a human being, PF is required before retirement and this should not be 30% less. Regards.


Wed Feb 14 10:02:17 2001
Name:Dr Nagin Chand
Email:naginchand@rediffmail.com
Suggestions:Dear Sir, By and larger the salaried class coming under the tax-net are bound to pay the due tax as per-force the tax deduction on source take place. There are scores of other private workers, so called tiny and small and other slightly larger and the very large ones, not properly covered by the tax departments. Probably there will be a rich flow of taxes into governments exchequer if and only if the taxlawas are implemented. There is a great need to efficiently supervise the drive to bring *taxable* workers/organisations but somehow remianed out of the tax-net. Then there will be no need to axe the *bound-to-pay* salaried class and others falling into a similar category. In fact, the salaried class needs some concessions, like elevating the tax-free level to a respectable Rs 75,000, and then widening the tax-ranges, that is 10% from Rs 75,001-100,000; 15% from Rs 100,001 to 200,000; and 25% from Rs 200,001 onwards. The limit imposed on PF savings for tax purposes should be elevated to Rs 100,000 if not abolished altogether, that is all the savings in PF to have the tax savings equal of 20% of it. Thanking you, (Nagin Chand)


Wed Feb 14 10:17:38 2001
Name:edwin monteiro
Email:edwin_m60@hotmail.com
Suggestions:dear fm, u have to really take some initiative in downsizing the number of people in govt . jobs coz i feel thats unneccessary.thannx edwin nri australia


Wed Feb 14 12:08:12 2001
Name:mahesh
Email:mahesh_srivastava@usa.net
Suggestions:Sir, 1. Please consider to make a effective, practical ( viable in indian society ) policy to get income-tax from pvt. medical practioners,small level clinics/ hospitals, bussinesmen,shopkeeprsetc. 2. Pl. consider to make practical stringent punishment rules for tax avoidance. 3. It is better to think to increase drastically officers in income tax to do frequent raids in many places and in a year in whole country so that people will have fear about tax avoidance.


Wed Feb 14 12:18:15 2001
Name:sadhana
Email:singhsadhana@rediffmail.com
Suggestions:Is it not cruelsome to increase IT retes & surcharges to counter the quake relief. The burden is more on saliried class people who has got definite and known source of income. On the contrary, the elite class tax defaulters move freely. Is your responsibility not towards all the section of society. Govt. should find some means to counter this problem.


Wed Feb 14 12:42:04 2001
Name:Neeraj
Email:browlo8900@yahoo.com
Suggestions:Sir, It is not laudable to freez Dearness Allowance for GOI employees. So it is suggested that kindly do not introduce the DA freezing bill in Lok Sabha It is expected greatly that this times DA may be at least 5 per cent to cope up the high price rise of consumer goods


Wed Feb 14 13:45:45 2001
Name:Jaisal F. Jetsey
Email:jetsey@rediffmail.com
Suggestions:Dear Finance Minister, The Gujarat tragedy has undoubtedly wreaked unparralled havoc especially in my home district of Kutch.Funds running into crores of rupees will have to be invested to revive Kutch. But then when the NRI community and especially the NRI Kutchi is willing to do the revival bit in his or her own way, will any meaningul purpose be served by raising taxes especially Income Tax. You will agree that lowering of taxes coupled with efforts to widen the tax payers base has given positive results. Any attempt therefore to raise taxes especially at a time when most businesses are not performing well will only lead to evasion and generation of unaccounted wealth. The focus should therefore be more on introducing accountability on the part of the revenue officials and simplification rather than on burdening the underfed horse again. Regards, Jaisal Jetsey


Wed Feb 14 13:58:30 2001
Name:p. surendar reddy
Email:vaspula@rediffmail.com
Suggestions:If you are known as the rollback finance minister, you can blame only yourself. It only takes a brief self-retrospection to find out what shenanigans of yours were justify that unkind barb. At least in this budget, you get priorities right, take a firm stand on issues relating to budget and salvage some of your reputation. Be hard, if you have to be. But do not vacillate. Vacillate if you must, but, before making any announcement. After making your policy announcement burn all bridges and stand committed to it at all costs. This is the only suggestion I can make as a citizen who is concerned about governments and governance.


Wed Feb 14 14:01:51 2001
Name:lathun
Email:lathun_28@rediffmail.com
Suggestions:the price should be reduce to goodday biscuits, cosmatic and all the consumer godds.


Wed Feb 14 14:07:36 2001
Name:M.K.JAIN
Email:mkjain@tpkindia.com
Suggestions:I request you to kindly make a budget in such way so that each section of salaried man could be benifitted. now a days heavy income tax are being paid by these peoples. please increase the std deduction limit and also increase the limit of PPF deposit.


Wed Feb 14 14:10:08 2001
Name:Bharat Somani
Email:bharatsomani@rediffmail.com
Suggestions:Honourable Finance Minister, We are a group of independent Converters of Coated Papers who procure the base paper from big mills and convert them into Coated papers and sell in the market. Our industry has been given a raw deal for many years and the time has come that it is now very difficult to compete in front of big multinationals who are quite big in terms of capacity and financially. Our cost is also very high compared to integrated paper mills by nearly 22-26%. We have already sent you the representation and have also met the members of the TRU explaining them the problem faced by our units. Sir,I take this opportunity to once again give you the suggestions so that you can consider the same in the forthcoming budget. Our views and suggestions: 1.Removing the 3500 MT exemption for excise duty given to small paper mills. 2.All printers and Publishers to be bought in the excise net.They can then take modvat on our goods. 3.Import duty on LWC should be increased to 35% + 16% ad valorem so that local mills can compete. 4.Our units to be allowed to import base paper at nil rate of duty to compete with local mills. Looking forward to your support. Thanking You, Bharat Somani


Wed Feb 14 14:10:34 2001
Name:Bharat Somani
Email:bharatsomani@rediffmail.com
Suggestions:Honourable Finance Minister, We are a group of independent Converters of Coated Papers who procure the base paper from big mills and convert them into Coated papers and sell in the market. Our industry has been given a raw deal for many years and the time has come that it is now very difficult to compete in front of big multinationals who are quite big in terms of capacity and financially. Our cost is also very high compared to integrated paper mills by nearly 22-26%. We have already sent you the representation and have also met the members of the TRU explaining them the problem faced by our units. Sir,I take this opportunity to once again give you the suggestions so that you can consider the same in the forthcoming budget. Our views and suggestions: 1.Removing the 3500 MT exemption for excise duty given to small paper mills. 2.All printers and Publishers to be bought in the excise net.They can then take modvat on our goods. 3.Import duty on LWC should be increased to 35% + 16% ad valorem so that local mills can compete. 4.Our units to be allowed to import base paper at nil rate of duty to compete with local mills. Looking forward to your support. Thanking You, Bharat Somani


Wed Feb 14 14:10:43 2001
Name:M.K.JAIN
Email:mkjain@tpkindia.com
Suggestions:I request you to kindly make a budget in such way so that each section of salaried man could be benifitted. now a days heavy income tax are being paid by these peoples. please increase the std deduction limit and also increase the limit of PPF deposit.


Wed Feb 14 14:35:49 2001
Name:shashikumar
Email:shashikr_singh@usa.net
Suggestions:Honerable Sir, Please prepare a good and heathy budget. This budget is very crucial so please see all sector. thanks


Wed Feb 14 14:35:50 2001
Name:shashikumar
Email:shashikr_singh@usa.net
Suggestions:Honerable Sir, Please prepare a good and heathy budget. This budget is very crucial so please see all sector. thanks


Wed Feb 14 14:41:27 2001
Name:Gaurav Puranik
Email:gauravpuranik@yahoo.com
Suggestions:Minister Sir , My suggestion to you for budger 2001-02 are as follows : 1. Personal Income tax a)Withdraw all surcharges from personal income tax. b)Rationalise tax slabs by removing 50K to 60K slab and tax rates as 10% tax upto 100K ,20 % for 100K to 200K , and 25% for 200K and above Maximum tax liability in any case shall not be more than 25%. c) Bring agriclutute income in tax net. d) Extend benefit of section 88 uopto 100K. e) Capital gains tax shall be withdrawn for small investor. f) Bring new law to nab tax evaders with very hefty penalty and imprisonment. g) Give incentive to regular tax payer community like service class so that it encourage other people to come forward an pay tax. h) Give some discount on tax for advance payment of tax. 2. Subsidies : Reduce subsidies on fertiliser , diesel , LPG and kerosene. Allow free pricing of above product on mraket forces. 3. Infrastructure : Give tax incentives for investment in infrastucture particularly roads ,ports ,power etc. 4. IT : Reduce customs and excise duty on PC and other peripharals to zero to boost the IT in the country. 5. Give more tax soaps to mutual funds to attract savings in equity market rather than debt market. 6. Allow PF trusts to invest 10% of their corpus in stocks and mutual funds.


Wed Feb 14 14:57:08 2001
Name:abdul-mnaf
Email:abdul-manaf@netfundu.com
Suggestions:i love u


Wed Feb 14 15:28:51 2001
Name:suri
Email:vaspula@yahoo.com
Suggestions:1. Do not flinch from hard options. 2. Do not expect everybody to like your budget. (Remember Hanumaan, who it is said, wanted to marry after satisfying the hunger of all his guests, and never married because he could not satisfy the hunger of one of his guests). 3. Be your own. Do not try a Manmohan Singh or Gurumurthi.


Wed Feb 14 15:56:55 2001
Name:Elango
Email:elango.v@polaris.co.in
Suggestions:Reduction in tax can be given to construction firms which take steps to increase the green cover and thus protect the environment


Wed Feb 14 16:16:45 2001
Name:R.C.DAS
Email:rameshdas@yahoo.com
Suggestions:dear sir, you have taken sevral measures to boost revenue collection which deserves praise.as all the things have become costlier the salaried clas will be indebted to the govt if the income tax slab for us is pegged upwards from the present level.thank you in anticipation, yours truly, R.C.Das


Wed Feb 14 17:18:05 2001
Name:babu george
Email:george@yashnet.net
Suggestions:now,due to globalisation prices of industrial and agricultral products are more or less at par with global level.but price of certin goods and services provided by govt.or govt agencies like power,fuel[disel,petrol]telephone,post etc,are not at all near to the global level.how you are going to rectify this anomaly .thanking you.


Wed Feb 14 19:17:12 2001
Name:anupam
Email:anupamkg@hotmail.com
Suggestions:why tax the salaried class with another surcharge.. isn't this the right time to impose 5% on other untaxed services sector?


Wed Feb 14 19:22:09 2001
Name:anupam
Email:anupamkg@hotmail.com
Suggestions:for longtime the studies for IIT and IIM have been subsidised. and the net result was a massive brain drain etc etc and the nation lost. it is time to correct things. there are host of professionals who are doing part time mba or some other parttime specialisation after graduation and working at the same time. these are the people who are with the nation today hence, there should be 100% tax concession for atleast one PG course after a diploma course and 3 years working experience. this will also help the institutions to hike their fees a bit too and provide a little better amenities. what do u say dear?


Wed Feb 14 19:39:59 2001
Name:dilip patel
Email:d1patel@rediff.com
Suggestions:congratuation for your reform especially for your supposed step to merge the public sector banks.


Wed Feb 14 21:59:04 2001
Name:ravi
Email:kvv@bhelisg.com
Suggestions:not to tax salaried people furhter .let the concentration be on the outstanding dues not collected and steps may be taken for the same . as promised the surcharge may be deleted . but compliance are by the salaried persons and due credit may be given .let the allowances received by the politician be brought to tax net . thanks


Wed Feb 14 22:41:20 2001
Name:RAVIPRAKASH
Email:RAVIPRAKASH68@hotmail.com
Suggestions:IT is really tough job ahead of you,yet you should use all your expertise and effort to see that not to put much burden on poor. WISHING ALL THE VERY BEST TO YOU.


Wed Feb 14 22:43:38 2001
Name:RAVIPRAKASH
Email:RAVIPRAKASH68@hotmail.com
Suggestions:IT is really tough job ahead of you,yet you should use all your expertise and effort to see that not to put much burden on poor. WISHING ALL THE VERY BEST TO YOU.


Wed Feb 14 22:43:47 2001
Name:RAVIPRAKASH
Email:RAVIPRAKASH68@hotmail.com
Suggestions:IT is really tough job ahead of you,yet you should use all your expertise and effort to see that not to put much burden on poor. WISHING ALL THE VERY BEST TO YOU.


Wed Feb 14 22:44:04 2001
Name:RAVIPRAKASH
Email:RAVIPRAKASH68@hotmail.com
Suggestions:IT is really tough job ahead of you,yet you should use all your expertise and effort to see that not to put much burden on poor. WISHING ALL THE VERY BEST TO YOU.


Wed Feb 14 23:58:14 2001
Name:ashok maheshwari
Email:m_ashok@hotmail.com
Suggestions:Please do not reduce interest rate on small savings lik ppf and nsc.


Thu Feb 15 00:14:41 2001
Name:Bharat Jain
Email:bharat_jain50@hotmail.com
Suggestions:Dear Mr. Sinha, i would like yoiu to have a budget good for nation not for the political parties please.


Thu Feb 15 00:27:46 2001
Name:Sanjay Sodani
Email:sodani123@rediff.com
Suggestions:Try to control the second line ecomony


Thu Feb 15 00:50:07 2001
Name:G.P.Singh
Email:gp@yahoo.com
Suggestions:If you really want to take out black money then please raid Mr. Vashu Bhagnani who has become a very big producer of hindi films in such a short span of time. Previously he was a saree seller. He has signed 25 crores deal with HMV(Of RPGindustries) Nobody knows from where he is getting money to finance five films at one time.


Thu Feb 15 01:45:49 2001
Name:subash grover
Email:groverbasu@rediffmail.com
Suggestions:dear mr fm, I invite your attention to the tata consultancy's report on the subsidy on the SKO and also your promise to remove this subsidy before your party came to the power,wherein the country is loosing approximately 6000 croes of foreign exchange and almost the three times the revenued due to mass adultration and unauthorised use of this hydrocarbon in the name of poor mans fuel, which never reaches him in any way what is required is strong will to remove this subsidy and fix the real price both in the SKO HSD AND MS with realistic commission to the dealer. Unfortunately you will not understand all this unless you are one the person actully involve in this feild as techno like me I strongly believe your ministry should learn how to help the poor from country like communist china where the coal is totally tax free and used by the 95% of population without any support from the govt, it reaches to coolest of remote place whereas the hydrocarbon is so surplus that it some time exported to japan and when needed it is imported on lowest price from the brend market withholding their own production. It is time we should learn honestly from chaina or any other countries rather than making our country looked down with loan and debts from other countries. I shall be too please to help you in putting layman's formula to come out of this mess and make your coal industry vibal and profitable if you so desire.All my help will be free and wihout any obligation but you must have honest will to impliment it. regrds. subash grover 38 shankar nagar nagpur ps ; please treat this communication confidential even if you do not wish to act.


Thu Feb 15 05:46:21 2001
Name:sankaran .s
Email:sarsan5@rediffmail.com
Suggestions:made compulsory for every telephone & vehicle holders to file IT returns.at the time of paying bills or renewing license showing IT acknowledgement is a must.


Thu Feb 15 08:01:05 2001
Name:diana
Email:diana_miss@usa.net
Suggestions:when all the depts of the Govt. are encouraging the EDP sections, the Income Tax Dept seems to be going backwards. The recent cadre structuring has totally neglected or ignored the EDP cadre ( Group A) in income tax dept and has given importance to IRS cadre only. An EDP officer can get the senior scale only after completing more than 6 years after joining whereas an IRS officer gets senior scale after completing only 3 1/2 to 4 years. Also no promotional avenues are open for EDP officers. This is very sad. It is feared that there was conscious effort to demoralise the EDP officers and jeopardise the Computerisation plan of the Dept. The EDP officers should be treated at par with other Group A officers in the Dept. Otherwise the time will not be far when the Dept. badly needs technical know how to handle its ambitious computerisation plan but the officers who are competent in managing the Computer system has already left the Dept due to the bad policies adopted due to the pressure tactics by the IRS officers association and other staff associations.


Thu Feb 15 08:02:12 2001
Name:diana
Email:diana_miss@usa.net
Suggestions:when all the depts of the Govt. are encouraging the EDP sections, the Income Tax Dept seems to be going backwards. The recent cadre structuring has totally neglected or ignored the EDP cadre ( Group A) in income tax dept and has given importance to IRS cadre only. An EDP officer can get the senior scale only after completing more than 6 years after joining whereas an IRS officer gets senior scale after completing only 3 1/2 to 4 years. Also no promotional avenues are open for EDP officers. This is very sad. It is feared that there was conscious effort to demoralise the EDP officers and jeopardise the Computerisation plan of the Dept. The EDP officers should be treated at par with other Group A officers in the Dept. Otherwise the time will not be far when the Dept. badly needs technical know how to handle its ambitious computerisation plan but the officers who are competent in managing the Computer system has already left the Dept due to the bad policies adopted due to the pressure tactics by the IRS officers association and other staff associations.


Thu Feb 15 08:38:08 2001
Name:Subhash Nikam
Email:subhash@mbilnvs.com
Suggestions:Request to don't give extra load on public. Budget shoud be in favour with Middle and lower class people. You can collect tax from luxoury item like TV, Fridge, Computer etc... Daily used and food shoud be tax less. Regards Subhash Nikam


Thu Feb 15 09:53:32 2001
Name:Sudhir Bhatnagar
Email:shri2000@sawaal.com
Suggestions:employees drawing annual income upto 1 lac should be tax free.... this is my humble request to u....


Thu Feb 15 10:20:10 2001
Name:Ashesh Kumar
Email:asheshkumar@rediffmail.com
Suggestions:1. Could you please rationalise the tax brackets as follows: Upto Rs75000: NIL Rs 75000-Rs200000:15% Rs 200001-Rs400000:25% Above Rs400000: 35% 2. Could you also begin taxing agriculture income with a modest tax rate of 10%. 3. Could you also change taxes on business entities in the following way: 30% flat rate as per the existing method 1.5% of the turnover of the business irrespective of the profits 4. The record of customs/income tax is abysmally poor. There is rampant corruption. For e.g, the Myanmaar government collects Rs 125 crores as duties on exports to India whereas ous customs department manages to collect against the same products only Rs 25 crore. There is lot of money being siphoned out through illegal means. Can we start a procedure by which we benchmark the performance of customs department relative to the customs department of other countries with whom we have trade relationship obviously adjusted for the difference in rates. This will usher in much needed trasparency and accountability into the system. I am sure that with the above suggestion, you should be able to 1. Broaden tax base 2. Ensure better compliance 3. Reduce corruption 5. Increase revenues Could you provide your arguments for/against the above suggestions Thanks and regards, Ashesh Kumar


Thu Feb 15 10:21:52 2001
Name:Ashesh Kumar
Email:asheshkumar@rediffmail.com
Suggestions:1. Could you please rationalise the tax brackets as follows: Upto Rs75000: NIL Rs 75000-Rs200000:15% Rs 200001-Rs400000:25% Above Rs400000: 35% 2. Could you also begin taxing agriculture income with a modest tax rate of 10%. 3. Could you also change taxes on business entities in the following way: 30% flat rate as per the existing method 1.5% of the turnover of the business irrespective of the profits 4. The record of customs/income tax is abysmally poor. There is rampant corruption. For e.g, the Myanmaar government collects Rs 125 crores as duties on exports to India whereas ous customs department manages to collect against the same products only Rs 25 crore. There is lot of money being siphoned out through illegal means. Can we start a procedure by which we benchmark the performance of customs department relative to the customs department of other countries with whom we have trade relationship obviously adjusted for the difference in rates. This will usher in much needed trasparency and accountability into the system. I am sure that with the above suggestion, you should be able to 1. Broaden tax base 2. Ensure better compliance 3. Reduce corruption 5. Increase revenues Could you provide your arguments for/against the above suggestions Thanks and regards, Ashesh Kumar


Thu Feb 15 11:51:38 2001
Name:K.M. Chandra Shekar
Email:kmshekee@yahoo.com
Suggestions:I read in Economic Times that withdrawals from PF will be taxed from the next fiscal. The Honourable Finance Minister should kindly note that we (working in public sector undertakings) are paying interest on withdrawals from PF and we are withdrawing our own money to meet our children's education expenses and other unforeseen expenses and by taxing the PF withdrawal, we will be forced to borrow from other sources by paying higher rate of interest. Instead of taxing PF withdrawals, the interest rates on PF withdrawals can be increased. I request the Hon'ble FM to look into the matter and take a favourable decision in this regard. K.M. CHANDRA SHEKAR


Thu Feb 15 12:12:19 2001
Name:feroz nawaz khan
Email:ferozandco@rediffmail.com
Suggestions:your sarves is very fast


Thu Feb 15 14:09:44 2001
Name:DEEPESH KHANDELWAL
Email:DCKT@REDIFFMAIL.COM
Suggestions:INCOME TAX REBATE SHOULD EXEED TO ONE LAKH.


Thu Feb 15 14:59:58 2001
Name:Rajiv Budhraja
Email:atma@nda.vsnl.net.in
Suggestions:1. Education, especially good quality education, holds the key for success in the future for students in the India since they will compete for global jobs. Govt. should allow deduction on actual schools expenses for upto 2 children in recognized schools (especially public schools) with a realistic exemption limit of say at least Rs. 1000 per month per child in tuition fee. This is what most public schools are actually charging. 2. Limit for interest payable on House loan should be enhanced to Rs. 150000 per annum to encouraging housing and it vast spin off benefits for the entire economy. Rajiv Budhraja


Thu Feb 15 15:22:42 2001
Name:A Srinivasan
Email:vrswamy@md3.vsnl.net.in
Suggestions:1) Net withdrawals from Provident Fund for that year should alone be taxed at 20%. Balance outstanding in PF A/c for more than three years should be drawn without attracting any tax liability 2) Late payment to Provident Fund is done by Sick companies. With poor realisation of Sales in time, delays do occur. Since PF already collects interest for the delay period, the same should not be added as Taxable income under Income Tax Act. Bring Sanity to the Income Tax Act 3) The Ceiling limit of Rs.50000 should be increased to Rs.75000/- Considering the inflation in the country the limit ought to have been raised long back. 4) Dont breach on the Promises of Government. LIC Keyman policies were issued in the past with assurance that the realisation proceeds will not be taxed. The revision attempted the erstwhile FM is going back on the promise and makes the Government not reliable party to do business.


Thu Feb 15 15:49:28 2001
Name:M. G. Dixit
Email:mgdixit@rediffmail.com
Suggestions:Dear Sir, Before adding any extra tax, please, try to take out black money available in Indian economy.


Thu Feb 15 15:54:19 2001
Name:P.Abdul Rasheed
Email:abdu_p@hotmail.com
Suggestions:Sir please save Kerala Dont rise taxes that may hit this poor state. Take some arrangements that may rise the prices of Coconut and Rubber


Thu Feb 15 16:22:17 2001
Name:Ravi Thonse
Email:ravi_tonse@rediffmail.com
Suggestions:Dear Sir, This Budget may be more tougher than last one.Because this year our country faced copuple Natural Calamities occured one is Cyclone hits the West bengal and few week before Gujrath Earth Quake spoiled the nations economy,Sir poor peaople this time hopes they may not suffer this time as last time,dont make any hikes in petroliumm products mainly karosine and Deisel,and lpg gas, you can hike the rates on Cigrates and Electronic goods. Sir nowadays most of the people are talking about the forieng goods are coming to Indian market and it could be more cheaper than indian goods,and people also talking as this all from GATT agreement,you had to take bolt action bout this issue sir,Otherwise it will hit the indian economy and all the income goes to foreign country.


Thu Feb 15 17:20:37 2001
Name:sujib chatterjee
Email:sujibchat@rediffmail.com
Suggestions:Sir, Please try to reduce the sur-charge on personal income-tax


Thu Feb 15 17:34:33 2001
Name:anuradha
Email:anusankar@rediffmail.com
Suggestions:sir, iam an M.B.A. student intrested in finance. in the forthcoming budget2001 as the nation had face a huge loss in the gujrat earthquake, i feel that, it is better to reduce the subsidies. but it should not affect any poor people. if you proposed this idea, then you have to once again remember the farmers and others about the loss faced by the nation due to the gujrat earthquake. so that, any kind person can understand about the country's financial position and may accept the lesser subsidy. i hope that this budget will not affect the poor people and very thankyou for giving me a chance to mail you. truely anu.


Thu Feb 15 17:36:51 2001
Name:FAROKH BALSARA
Email:farokh_balsara@yahoo.com
Suggestions:SIR PLEASE SPARE FRESH TAX ON WORKING CLASS YOU MAY SIR TAX AGRICULTURE INCOMES AT THE HIGHEST RATES THIS IS JUSTIFIED AS WE GIVE THEM SUBSIDISED POWER SEEDS FERTILIZERS WATER,ALSO PURCHASE THEIR OUTPUT AT VERY REASONABLEPRICE SO THEIR INCOMES HAVE TO BE TAXED\MUST BE TAXED ALSO CONSIDERINCREASING TAX FREE INCOME LIMITS (WITHOUT INVSET.)TO RS 125000\-


Thu Feb 15 18:16:31 2001
Name:B. Bikram
Email:bikramb@iocl.co.in
Suggestions:Sir, There is a ITax on interest income and it has to be declared in return. But what people generally does is put their money in number of banks to avoid TDS and do not declare this income. There is a simple way to get tax on interest, make the Interest Income taxable to only 10%. What ever the interest ITax will be deducted at source and non-taxpayers should take refund against Form 16. This will greatly increase the tax collections against this head and people will also get releived from paying tax on already taxed savings


Thu Feb 15 18:27:55 2001
Name:s.b.patil
Email:supp_patilnagar@rediffmail.com
Suggestions: respected sir, it was indeed a great surprised to read "that taxes in our country are very less ascompared to those in other countries"this being said by you, the bharatiya aarth mantri.i know that king should collect taxes from citizens to such an extent that fluids in the stmach donot get turbulent,as tells chanakya. let me tell you again and again that country men are getting nervous about your performance and blaming bjp as a whole.man. atalji and advaniji also are under severe criticism with referance to this. common man is getting poorer if not jobless. it will be difficult for a down line voter to continue todo so further as country is more important than a party,may it be even mine. at least declare your compulsions to tow the congress line. waiting for your reply sincerly yours, s.b.patil that


Thu Feb 15 18:37:04 2001
Name:Prabhu Narayan Pathak
Email:ppathak@in.ibm.com
Suggestions:try to make tax collecting people honest enough to tap tax evasors!


Thu Feb 15 19:45:06 2001
Name:V K Ranganathan
Email:ranga@eth.net
Suggestions:Without justifying any action, kindly into the immediate need for reducing the income tax on the salaried class, please. With fervent appeal, V K Ranganathan. Also explore various means for tax concession like 3 year or 5 year CTD in Post office etc. Thanks..regars, VKR


Thu Feb 15 20:12:24 2001
Name:sunil
Email:sunil_kumar99@hotmail.com
Suggestions:Reduce the staff in govt dept, increase their pay , cut the holidays-- DEVELOP A WORK CULTURE-- NOTHing can improve india's economy except HARD WORK.


Thu Feb 15 20:41:25 2001
Name:Anees Ahmed
Email:aneesbombay@rediffmail.com
Suggestions:Do away with personal income tax. * Tax only corporates on % of sales. * Tax electricity,fuel,communication,travel etc for revenue The common man automatically becomes atax payer, without hassles of keeping accounts. * Make the rupee freely convertable * Let exporters retain their full foreign currency. * Let those people who want foreign currency buy directly from exporters. This will be the best and need be the only export incentive. * Only when the rich people spend... Will the poor people benefit. Encourage spending by the rich. * Encourage Bank's to finance small business men. Without insisting on collateral. Bank's advances may be covered by insurance. This will boost employment and all round progress. * Make it a criminal offence to build bad or rough roads, as it is waste of national funds. Wide,smooth roads, catalyse economic activity.


Thu Feb 15 22:16:05 2001
Name:Mr.M.Gopal
Email:mgopalbgm@rediffmail.com
Suggestions:Please dont increase the petrol,desiel,kerosene and cooking gas rates


Thu Feb 15 22:50:51 2001
Name:ravikant zanwar
Email:reenacyber@rediffmail.com
Suggestions:tax on estate broker specially.


Thu Feb 15 22:53:22 2001
Name:ravikant zanwar
Email:reenacyber@rediffmail.com
Suggestions:tax on estate broker specially.


Thu Feb 15 23:36:33 2001
Name:Jayesh Gajjar
Email:jayesh_gajjar@hotmail.com
Suggestions:Save Salaried Class from draconian IT levels; A small businessman with a turnover of around 1 crore pays hardly 10-15K per annum as IT; On the other hand, a Gross Salary Income Earner of Rs 4 lacs pays more than Rs 1 lac as IT; No wonder that the business community welcomed the EQ surcharge on IT as they are not burdened by this at all!?! Can there not be any ceiling on allowable deductions of business expenses?? If not, why penalise the salaried class by allowing X-tremely paltry exemption limits in perks like Educ Allo, LTA, Medical, Prof Pursuit Allo, etc, not to speak of Rs 1250 pm of Std Deduction, which does not even cover the Monthly Milk Bill of the salaried class family? Mr FM Sir... A businessman worth crores can move about in a dhoti-kurta or banian-pajama, but a salaried class family has to maintain dignified a lifestyle, purely due to high educational background and culture. How can he maintain this lifestyle with peanuts as a standard deduction? We hear that you propose to kill salaried class people further by taxing withdrawals of Small Savings like PF, etc. Believe me! such a decision under the guise of anything will ensure the death-knell of the BJP which had promised raising of IT Income Exemption limit to Rs 1 lac !?! May God Give U the Wisdom and Courage for resolving our heart burning problems !!!


Fri Feb 16 00:44:31 2001
Name:johnnyBravo
Email:johnnybravo_481@hotmail.com
Suggestions:Sir, although i hate your party and wud like to see the Congress in power,i have to accept that you have done one hell of a great job and i wud like you guyz to stay in power for 10 more years to come()


Fri Feb 16 00:46:03 2001
Name:johnny Bravo
Email:johnnybravo_481@hotmail.com
Suggestions:Sir, although i hate to say this but u have done one hell of a great job while you guyz have been in power and just gotto say this "Keep it up and Mera Bharat Mahan".


Fri Feb 16 07:51:06 2001
Name:Heman
Email:heman@agd2.dot.in
Suggestions:Sir, If we were only 50 crore we would have plenty of food clothing house etc. we are growing but our slums are growing faster. so please provide something to check population growth. A Rs.1000/ pm after sterilisation for 5years to mothers having one child and Rs. 5oo/ pm those who opt family planning. These are only for women and below poverty line


Fri Feb 16 08:03:33 2001
Name:Joseph Gathia
Email:ccfcl@giasdl01.vsnl.net.in
Suggestions:Dear Mr. Sinha, We all are worried about `wounded soul of Gujrat` and I request you to make the forthcoming budget a pathbreaking in terms of relief and rehabilitation policy. i am despatching our report on Gujrat relief separately to yourgoodself wherein we have dealt on Gujrat and budget with some suggestions. We NGOs have some faith iin you. Please do something. Truly yours Joseph Gathia Centre of Concern for Child Labour


Fri Feb 16 09:42:24 2001
Name:Yogesh Kenkare
Email:yogeshak@rediffmail.com
Suggestions:Hope the budget this year is favourable


Fri Feb 16 10:13:36 2001
Name:Irshad Ahmed Ansari
Email:irshadroshan@rediffmail.com
Suggestions:R/Sir, For Indian Economy it is very importanant scheme for minor saving, but the corporation offices do not co-operatie. In this connection I want to say that Postmaster Maghar does not co-operate in this scheme.


Fri Feb 16 10:48:35 2001
Name:ashok
Email:ashoksuryawanshi@rediffmail.com
Suggestions: U R THE KING JUST GO ON


Fri Feb 16 11:05:42 2001
Name:lansell
Email:lansellpinto@rediffmail.com
Suggestions:do not smoke


Fri Feb 16 11:31:34 2001
Name:Johny.T
Email:johny@igcar.ernet.in
Suggestions:Retirement time of all Government servents should be changed to: 33 years of service or 58 years of age whichever is earlier.


Fri Feb 16 11:32:05 2001
Name:Johny.T
Email:johny@igcar.ernet.in
Suggestions:Retirement time of all Government servents should be changed to: 33 years of service or 58 years of age whichever is earlier.


Fri Feb 16 11:46:14 2001
Name:Johny Thomas
Email:johny@igcar.ernet.in
Suggestions:Now the salary and service coditions of Scientists in our prestigeous Govt Departments are very poor. To encourage the scients, following tax concesions may be offered to scientists in the forthcoming budget. 1) Standard deduction to be increased to Rs30000/- for scientists. 2)Tax rebate for savings to be increased to 25 % with an upper ceiling of Rs.25000.


Fri Feb 16 11:46:22 2001
Name:Johny Thomas
Email:johny@igcar.ernet.in
Suggestions:Now the salary and service coditions of Scientists in our prestigeous Govt Departments are very poor. To encourage the scients, following tax concesions may be offered to scientists in the forthcoming budget. 1) Standard deduction to be increased to Rs30000/- for scientists. 2)Tax rebate for savings to be increased to 25 % with an upper ceiling of Rs.25000.


Fri Feb 16 12:02:32 2001
Name:V.S.Save
Email:Deo_1948@yahoo.com
Suggestions:To Link interest on the saving schemes and providend fund schemes to the rate of inflation for the year and thereby provide incentive to save by a difference of 5 percent point. of interest rate over inflation.This will make the interest rate equitable to the saver as well the borrower of funds.The tax incentives to continue or build in 22% compensation towards income tax which is again returned to the government kitty. The saver is assued of a decent tax adjusted return while the government gets rewarded if they can maintain a low rate of inflation during the year.


Fri Feb 16 12:12:05 2001
Name:rohit
Email:rohit18@ilurediffmail.com
Suggestions:dhoithcvjkygmnvngjgjukt96506jgjhmb n bm nkl;l;/j


Fri Feb 16 13:31:27 2001
Name:Parag
Email:paragmarathe@yahoo.com
Suggestions:Dear Sir , I want to draw your immediate attention to the blatent sales tax evasion being done by majority of traders in the country right from grocery upto furniture etc.by not giving receipts of teh goods sold . Do you know any grocery shop in India give any kind of receipts ? and many shops have huge turnoverwhich can be easily guessed even by a common man . Still the Sales tax authorities overlook this aspect. If the traders are compelled to give receipts , and ST is recoverd from them , I am sure the govt. can make enough to cover the budget deficit. I suggest that you should employ special task force to check such evasion in atleast major cities , the return will speak for itself even within a short span of say 6 months .


Fri Feb 16 14:03:00 2001
Name:arvind phatak
Email:arvind_phatak@reiffmail.com
Suggestions:Namaste! 1. Cut heavy on the Govt. spendings Rs. 75,000 Cr. P.A. as read in the India Today issue. 2. Rescue the people and Maharashtrs govt. by asking Enron to go back or match present electricity rates. They cann't fleece us. 3. We pray for yr well being Shri. Sinhaji and wish you stay long to present the budget for next 10 years.Only then can we see consistant growth of the nation through your govt.economic policies. Namaskar, Arvind Phatak


Fri Feb 16 14:14:36 2001
Name:arvind phatak
Email:arvind_phatak@reiffmail.com
Suggestions:Namaste! 1. Cut heavy on the Govt. spendings Rs. 75,000 Cr. P.A. as read in the India Today issue. 2. Rescue the people and Maharashtrs govt. by asking Enron to go back or match present electricity rates. They cann't fleece us. 3. We pray for yr well being Shri. Sinhaji and wish you stay long to present the budget for next 10 years.Only then can we see consistant growth of the nation through your govt.economic policies. Namaskar, Arvind Phatak


Fri Feb 16 14:32:31 2001
Name:abhinav
Email:toabhi78@yahoo.com
Suggestions:please ask the people to work hard .... they are taking things very lightly... tommorow may be too late abhinav
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