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Budget for year 2010 and 2011 will be declared in far the poor and middle class is concerned they are hand to mouth.whatever money earned they are constraint to spend.prices from grains to hospital treatment,fees for education has reached sucide and now students sucide has increased while those of mutimillioneres have increased that they are spending monies in buying ships,planes and inviting foreign players and pay them crores .To make equal disribution,Govt. should exempt income upto 5 lacs taxfree while above 1crorer 50percent tax,no exemption to anybody comment

Tags: budget, money, health
Asked by Harsh Mehta, 19 Jan '10 05:11 pm
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While the percapita income is Rs 17980 in 2000, the same is Rs38084 in 2009. A man who retired in 1982, whose last pay cheque is around 3900 rupees now earn a retirement benefit of Rs 22000.You must understand of the population around 85% people are in the small business, small entrepreneurship,farming etc and 5% in government jobs and the remaining in self employed and in corporate companies. A middle class person will be well off if he uses all the avenues to escape such costs, like joining health insurance, life insurance, make judicious use of the income etc.A farmer need to be dynamic and must use modern technology. For example a farmer in Utthamapalayam Taluk in Tamilnadu get 12 tonnes of paddy per hectare where as the average yield in Kerala is only about 3 tonnes per hectare. Without correcting such impartiality with awareness it is useless to blame corporates. Only because of them there are a million millionaires in Chennai and Bangalore. Yes there is a proposal in the finance ...more
Answered by Josna, 19 Jan '10 06:18 pm

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