Posts Tagged ‘petrol’

Will Government make provision to control Inflation in Budget 2013?

Will Government make provision to control Inflation in Budget 2013?

I have always heard from my grandfather about how things were when he was at my age. A movie ticket was for a few paisa at that time. Now it is worth Rs.200. Salary at that time was Rs.400 and still he could able to save. Today salary level has gone up to Rs.50, 000 but still people are unable to save enough money. This is what we called inflation is, the price of everything goes up. Because the price […]


Do you know how state government contributes to Inflation via VAT ?

Do you know how state government contributes to Inflation via VAT ?

You must be aware that government imposes 20 types of taxes on us.  Most popular among these taxes are income tax & service tax. Government collect these taxes to build nation (infrastructure & other development), to increase arms and ammunition for defense of country and for other welfare related work. In today’s situation although tax is becoming single largest expense for individual, individual  pay taxes to government thinking government will use this money for country’s betterment. But unknowingly/knowingly we pay […]