Friday, March 12, 2010

Taxation - Budget-2010-Post ONE

The budget proposals are generally good though increase in fuel prices could have been avoided or minimised to avoid its cyclic effect.INCREASING PRICES HAVE NEVER SHOWN REDUCTION IN CONSUMPTION; PRICE INCREASES BECOME SIMPLE REVEUE MECHANISM. To save from high cost import bills on fuel and in view of the below demand electricity generation the FM should have given a MEGA THRUST to TAP SOLAR POWER.

ON THIS CENTENARY YEAR OF WOMEN'S DAY THE FM COULD HAVE GIVEN SEPARATE EXEMPTION FOR EDUCATIONAL EXPENSES ON SPOUSES WHICH WILL LARGELY BENEFIT HOUSE WIFES AS HUSBANDS WILL BE INCLINED TO PUT THEIR HOME MAKERS ON CONTINUING EDUCATION.

FM SHOULD HAVE WITHDRAWN PERK VALUATIONS OR HUMANISED THE SAME - (MY VIEWS TO APPEAR SEPARATELY ON PERKS)

FM SHOULD HAVE CONSIDERED INCENTVE IN TAXES EITHER DIRECT OR INDIRECT FOR e WASTE COLLECTIONS, oldBattery/CFL bulb collections, discarding old automobiles etc., to save environment.(Though they save electricity i understand that the old CFL bulbs may not be enviornment friendly as in the case of e waste,old batteries etc.Likewise to encourage old vehicles out of road and to give booost to automobile sector with saving of fuel consumption by discarding old vehicles instead of selling them is to be incentivised)

nothing is late FM can look into the issues now also.

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