PC not so Manmohan

Published on July 19, 2004 By Confusing Musings In Current Events

There has been such a windfall of taxes in PC's budget that I am still recuperating from it. I already have lost some Rs 3000/- with the newly introduced "educational" cess, and I am still counting. These FMs don't realize that when they increase service tax or include a new service in the tax net, it's not the service provider but the consumer who suffers. Service provider simply passes the burden to the consumer. Damn !

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