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Tag: tax exemption limit

Comments on Budget 2009

Posted on July 17, 2009 by Vincent Augustine D'Souza

My comments on Budget 2009-10 are as below: Tax exemption limit should be same for all categories. It can be Rs.1,60,000/- or Rs.1,90,000/- or Rs.2,40,000/-. It was expected that it would be raised Rs.2,00,000/-. As it did not happen there was disappointment. Abolition of Fringe Benefit Tax is good. Minimum Alternate Tax should not have…

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Reservation for women in legislatures is wrong

Posted on June 15, 2009 by Vincent Augustine D'Souza

Women’s Reservation Bill is in news again. UPA Government wants to pass it. One third of seats in Lok Sabha and Legislative Assemblies are up for reservations for women.

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