The Budget is out in the air. And everyone's happy about the slabs going wider, and making the tax burden lesser. But a sudden DAMAAL (no thats not a technical word, just a reaction) on Standard Deduction will compensate the Revenue from tax. All the same. They just balance the equation on both sides. They make sure our benefit is Zero. Thank god, it did not go Negative.
And this new 0.1 % transaction fee, for every Withdrawal of Rs. 10,000 and above is Outrageous. Looks like lots of sectors are opposing this, what is called a Black Money finder scheme. Mr. P. Chidambaram, has formulated this new scheme to bring out the Black money (remember his earlier VDIS). But this is emotionally making the normal people worry.
I have no tax, notsoever. So, no problems. (Should have income to have tax, right !!)