Sunday, January 20, 2008

Go slap FBT on Taxmen....

Look at Finance Minister P Chidambaram getting carried away! Here he is doling out free laptops, free fuel, free mobile calls and training to taxmen for beating tax collection targets. Have they really?

It'll be fun to watch the scene post A&R (assessment and refunds). What if collections net of refunds fall short of targets? Ah, going by the pace of A&R, our taxmen would’ve totted up a laptop each for all their family members by when the returns are assessed and refunds are due. Life's good, mate…
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But then will he slap FBT on those goodies to taxmen too....? If Chidambaram has a sense of fairness, he must.
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