Tuesday May 13, 2008

Bhopal     Madhya Pradesh     Nation     Sports     Editorial     Astro     Business    


 
Search
Google   
News
World
Columnists
Opinion
Letters
Open Forum
Cartoon
Stock
Weather
Today's Picture
Classified
Matrimonial
Archives
 Home>>>Have your say 

 

Remove taxes from essential items 

Inflation is now too high a rate! The worst sufferers of high inflation rate are senior citizens as they have limited earnings like pension or returns from their past savings. Unlike the present young generation they have not earned in crores or even in lakhs per month. It is another question that nowadays middle class is earning too much money and have hardly time to spend and enjoy. But the poor suffer the most.

One reason for high inflation is too much money with too many a number of persons (again middle class yuppies) and high margins by all connected people in the chain of selling a production from factory owner to retailer! And the main culprit is government which levies multiple taxes on a single commodity. A good portion of selling price consists of taxes only! In order to reduce prices remove all taxes from all essential commodities and help the poor persons to pay less for necessaries of life.

Mahesh Kumar, Via e-mail 

 
Print This Page         Mail This Story
 
 


 

 

About us Contact us Terms & Conditions Advertisements

Asia News  © Central Chronicle 2007.  India News