Friday, March 16, 2012

Budget 2012 Received less but required to pay a lot

This Budget is less than average..

The benefits to be received by aam adami very minimal... where as he has to shell out lot of things through increase in  Service Tax and excise...

What we got::
1. 20K tax limit increase...impact Rs. 2K

What we have to pay:
1. 2% on every service received (2% increase in Service Tax)
2. 2% on majority of the commodities (2% increase in Excise Duty)
3. Costlier cigarettes.... and many more...