Stimulus package for Rich-in the name of tax reforms

There is one Hindi phrase “ andha bante rewrian ( sweets) mur mur( again and again) apno ko de”

This applies to our Finance Minister. First it was the abolition of surcharge on taxable income above Rs 10 lacs, now there is stimulus for rich in the name of tax reforms. I think not even 3% of our population pays income tax and those whose income is above Rs 5 lacs may not be even 1%.

Under the situation to concentrate on this block of 3% by ignoring 550 million in the unorganized sector who struggle to earn even Rs 100 per day betrays of the wrong priorities of UPA Govt.On one side we talk of inclusive growth and on other side we are working to increase inequality between haves and have-nots. Who needs attention-a govt. school teacher getting Rs 30000 salary for just 100 days of a work in a year( with assured Rs 5000 increasae in year with this DA pattern) or a private school teacher who very often doesn’t get even Rs 2000 ( Both working for the same cause)..



Last, let us not forget it is being designed by our babus who keep self interest above the nation’s interest. A country which is the home of one third of the poor in the world earning less than 2$ per day, approximately 78% of our population, is working on tax relief for those who earn any thing between 20- 1000$ per day. We seem to have taken the path which can only bring unrest in the country.



Bhartendu Sood