Good decision to abolish Wealth Tax.
Good decision to increase exempt travel allowance from 800 to 1600
Good decision to increase deduction for mediclaim premium
Service tax rate increase will cause price rise. Secondly, service tax laws has not yet been properly made. Too many grey areas.
I say they should make service tax laws and TDS laws more simpler. People are stll struggling with service tax return and TDS return.
Gold monetisation scheme appears to be a good idea for now.
Have to see the new revised benami transaction prohibition to stop black money.
CAclubindia
