The budget came out today.I will give you a break down of how it will affect us...........
1 Your investments will be expensive...you will invest in Mf's to get away from paying tax but will pay 15% on the dividend....so basically d if you do and d if you dont...
2 Plastic is cheaper...so here's a yippeee for all the neelkamal furniture you can buy...
3 Footwear is cheaper..so while you cannot buy vegetables,you can definitely buy those killer pair of shoes.
4 Plywood is cheaper......so u still have hope against neelkamal.
5 for women,the slab rate been increased to 145000.Yippee...first let us earn enough to get into the tax bracket..wht's the
use of having slb rates...discrimination still at large i say...
6 Cigarettes are more expensive...so u can expect ITC to hike their hotel room rates....so stay in taj view hotel or lake view or krishna hotel.II or III tier.
7 Relief for job creating sectors...so out of scope for fin.services industries...
8 If you are planning to buy a plane or a copter,don't,they will be taxed too...there goes my dream down the drain..one step closed to mallya and 7 steps backwards..
9 Pet foods are cheaper,so if you cannot afford vegetables,get urself some pedigree.
10 India will be a preferred area of drug testing...you can see a significant decrease in our population in the future....
11 Pan masala to be more expensive....so it'll still be fairone filmfare awards...manickchand will still make 300% more oxygen bottled water and change abt the same times more for it.
Defence expenditure increased....cannot really complain there...even if you want to ...we have pakistan for our neighbours...so more money there the better....
So what do you think of my assessment of the Budget 2007?
Thursday, March 8, 2007
So F****** Tax
Posted by Maanasi at 8:27 PM
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1 comments:
can't miss out the 'dog food will be cheaper' statement by our FM.. :- )
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