ASSETS DISPROPORTAINATE TO INCOME

  May 15 2008  | Views 280 |  Comments  (2)
I was a very young person and had just joined work with a bank as a junior officer when my brother-i... Expand

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  Indu3 posted 3 mnths ago

Hi Govind ji

Nice to see you here.

Excellent post. I think the percentage of honest tax prayer very minimum compared to the number of people who avoid paying tax. If 50% of the population plays tax honestly the economical condition of India would be Phenomenal

Indu



  bilingual posted 3 mnths ago

Hiya Govind, and welcome to Sulekha. India is certainly not alone in it's woes with the masses paying for the abuses of polititians. We have Bush and oil and Cheney and Haliburton to name two ( not to mention their croonies). 
   The MG seemed to have learned what I did long ago. A car is transportation so I need a comfortable one but not an obscene one. If I live alone ( or in my case with Dad) do I need more than 5 bedrooms? Nope my whole house is modest but it has a pool, Jacuzzi, great thick landscaping etc. I look around the neighborhood here in Arizona and see people living beyond their means with too big of a house and they can't afford decent landscaping. This translates to shade or lack of it and higher airconditioning bills for them... A little forethought might have slowed the mortgage problem here. Yet it is the generation behind ours that aspires to make money by hook or crook as fast as they can.... problem is it often leaves as quickly as it arrives. So the General didn't need more than a few bedrooms... Perhaps this is why he became the General. Cheers mate, Spencer





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