This blog is to give you an outlook about the budget 2012 also read the cost of one minister in India which is the cause of all the increase in prices.
The Finance Minister Parnab Mukherjee is a person who has again put pressure on the common Indian.
As per the budget the excise duty and the service tax will be increased. The service tax has been increase to 12 % from the present 10 %. This will increase cost of all the products indirectly and the use of the services which are for the common public will be increased. This increase is to transfer benefits to the capitalist of India. Mobile bill, entertainment, etc will become costlier. Traveling and all the services which are the lifeline of the country will be increased and thus crush the common public.
Removing of the controlled subsidy will also increase the cost of the commodities which are being used by the common people. The cost of LPG gas and petroleum product will increase and thus the common public will feel the pinch.
He has announced the increase in the slab of income tax from Rs. 1,80,000 to Rs. 2,00,000. But there are no clues to collect from the big business houses.
Import tax on gold will pave way for smuggling in country as import duty has been increased from 2% to 4%. This is also a product which is used by the common public. It may not affect the rich but there will be a tough time for the all the other that are in majority in India.
Widow pension will be increased from Rs. 100 to Rs. 300, what a joke. A minister in India is said to be getting a salary of about Rs. 15,000 but if one calculate hidden benefits to a minister then you will be surprised that a minister costs more than Rs. 2,00,000 per month to India which is being crushed under the constant increase in the prices.
Read and understand how the Ministers in India are milking the common public without the knowledge of the common man!
Salary & Govt. Concessions for a Member of Parliament (MP)
Monthly Salary: Rs. 12,000/-
Expense for Constitution per month: Rs. 10,000/-
Office expenditure per month: Rs. 14,000/-
Travelling concession (Rs. 8 per km): Rs. 48,000/-
(eg. For a visit from South India to Delhi & return: 6000 km)
Daily DA TA during parliament meets: Rs. 500/day
Charge for 1 class (A/C) in train: Free (For any number of times) (All over India)
Charge for Business Class in flights: Free for 40 trips / year (With wife or P.A.)
Rent for MP hostel at Delhi: Free.
Electricity costs at home: Free up to 50,000 units. (Calculate this for your self)
Local phone call charge: Free up to 1,70,000 calls. (Calculate this for your self)
TOTAL expense for a MP
[Having no qualification] per year: Rs.32,00,000/- [i.e.. Rs.2.66 lakh/month]
TOTAL expense for 5 years: Rs. 1, 60, 00,000/-
For 534 MPs, the expense for 5 years: Rs. 8,54,40,000/-
This is how all our tax money is been swallowed and price hike on our regular commodities.........
And this is the present condition of our country!
855 crores could make their lives livable!!
Think of the great democracy we have…which is remove de from mocracy which results in MOCKERY and this is the government of India at present.