Pranab Mukherjee's Budget Has Taken More From Common Man!

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A good reading of FM's budget makes it increasingly clear that he has taken more from common man's pockets than earlier imagined! A steep rise of 2% in Service Tax!

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2% increase in central excise and service tax both will make everything costlier. Moreover, the scope of service tax has been enhanced by bringing every service in the net by making an exclusion list. All services except those specifically excluded will be taxable.
Yes,it would affect to common man.The taxes has been increased.Lets see how the common man deals.
2% increase in central excise and service tax both will make everything costlier. Moreover, the scope of service tax has been enhanced by bringing every service in the net by making an exclusion list. All services except those specifically excluded will be taxable.


Sure! It is going to have a cascading effect on prices! In Income Tax too the so-called relief is just illusory! The inflation has not been in factored in!
I have heard that service tax in jewellery has also been increase from 2% to may bre 12-13%. This is rise the price of Jewelery. That's really not good.
I have heard that service tax in jewellery has also been increase from 2% to may bre 12-13%. This is rise the price of Jewelery. That's really not good.


Perhaps you are referring to rise in excise and customs duty in this sector!
I have heard that service tax in jewellery has also been increase from 2% to may bre 12-13%. This is rise the price of Jewelery. That's really not good.


Perhaps you are referring to rise in excise and customs duty in this sector!

Yes,sir. In news,i saw that surat jewellers were on strike because of this rise.
Yes I too heard that and its really very high to bear for anyone.
Nothing is going good for the common man. Life is going to be more tough in future.
Yes! He has hinted at taking more hurting measures against the common man!
[quote]Yes! He has hinted at taking more hurting measures against the common man! [/quote]

It seems to be the government's new strategy! Wipe out the poor and thus eliminate poverty!!! :woohoo: :angry: :angry:
Chinmoy I have gone through your Article "Union Budget 2012-13". Very well written.
Budget was nor good nor bad. It has increased market price even more badly which is bad for common man.
Prices of everything is rising due to this type of tax and common people are suffering.
[quote]Yes! He has hinted at taking more hurting measures against the common man!


It seems to be the government's new strategy! Wipe out the poor and thus eliminate poverty!!! :woohoo: :angry: :angry:[/quote]
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@Chinmoy! that is the only response one can evoke from a common person, with soaring prices of even the most basic commodities!!! :angry: :angry: :angry:
This budget doesn't serve good for common man. A failure budget.
We have yet to see its full result yet, this would make life more difficult.

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Created Friday, 30 March 2012 12:44
Last Updated Tuesday, 30 November -0001 00:00
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