CA Sudhir Halakhandi (PRACTICING CHARTERED ACCOUNTANT) (13401 Points)
08 June 2009DEAR MEMBERS
THE UNION BUDGET IS TO BE PRESENTED IN THE FIRST WEEK OF JULY- 2009. PLEASE POST YOUR EXPECTATION, DEMANDS AND SUGGESTIONS FOR THE BUDGET-2009.
- CA SUDHIR HALAKHANDI
Sarika
(Unit head- MIS)
(37 Points)
Replied 08 June 2009
| Originally posted by :CA SUDHIR HALAKHANDI | ||
| " | The goverment should again start for standard deduction for Salaried employees as that is the only expense deduction employee was getting. Every employee incurrs a good amount of money to do their current job which is expenses incurred to do job . Secondly for professionals who need to continuously update themselves through training, seminars etc the cost for the same should also be allowed as deductible expense. | " |
Vibhash Kumar Sah
(CA)
(73 Points)
Replied 09 June 2009
1.Fringe Benefit Tax should be withdrawn. Or alternatively deduction should be provided for the payment of FBT.
2. I also support Sarika's views.
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