It's the time of the year where salaried people like me have to declare and submit proofs of the investments, hra, income etc....
I never understood the HRA concept in the initial years of my career ... never bothered about it too... as my salary package never reached heights to understand the concept of income tax.
Later with passing years finally got to know words like 80C, IT, HRA, PF... as had no escape from all this - once I entered into the big salaried world.
The HRA problem had got big for people like us last year - when landlord PAN was mandatory for rent above 2,00,000
It just got bigger -this year when the cap got reduced to a Lakh and everyone has to run behind the landlord for the pan number.
And this time its not cooking well for me... and its not going to get digested too.. for many of us...
Is this rule for really people like us who is without fail paying taxes to the government? This was an easier act to pass on to the middle class people like us.isnt it.? Now that whoever staying in a rented house - if they cant get hold of PAN card of landlord , they definitely gonna lose money to pockets of politicians. A new way to collect more tax without fail...and name it as fraud-less HRA declaration..
I had a larger dilemma in mind thinking what is this for.. is it for my good or bad.
Good in one way , Yes it prevents any fraud in this area where one could have declared a greater rent than actual one.. But what is the motive reducing cap to 1Lakh rupees? what in the world suddenly struck to the tax authorities..?
Why make new rules when you can't keep existing ones in right shape..?
Amidst all the masala's that is going on to achieve a central database with aadhaar card, voter id, ration card, gas connection, passport and pan card... are these new ways of testing patience of people like us...
When this news came - I was following people reactions - some were of the opinion let BJP government come and they will take off these tax headache for people like me.
what is BJP for me? and what good is congress doing for me?
I see no good in congress, bjp, or aap or any kind of political group...be any government the tax slab was never an issue for the government. It never got revised to a decent figure in the recent years... When Pranab as the finance minister revised it some years back a slight change to the slab - I felt happy and hoped he could have done better. And really envisioned to see some changes in the tax being paid by salaried people like us. No rule came in never that touched the big whale pockets and continued to focus on small pockets where it was easy to drain money.
I silently realise there is not much use with salaried job of mine.... Slog and work for a 100 rupee and there goes my thousands ....government silently snatching from me.. I sometimes wonder is this real democracy - "FOR the people"?
I would have happily given away the tax - if I was reaping benefits out of it.. at least by traveling in good roads , clean pathways, great hospitals, reduced commodity prices or something that benefited me in things I touch day to day.... Or i should say something at least that my children benefited from?
Instead I am angry now - as my money is going into some Swiss bank ... or into some political campaign or into scam pockets ... who is doing no good for me.
Don't want to extent this post of mine - bursting out my anguish and frustration..
I wish if i had a better tax slab system for my country.....and i hope i can work towards that in some way.. and i long that a time comes where I happily pay these taxes..!!!!