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  1. rahul agarwal says

    By making a cool insertion in section 17(II), Finance Minister has nullified the Supreme Court judgement.
    PSU employees have been fiting a long battle.
    as per the Income tax rules applicablle since April 2006, if a PSU employee stays in quarters provided by the PSU, 20 % of His salary ( including all allowance ) are considered as Perk and Taxed. Same is FREE for Central Government and State Government ( Courtsey IAS Lobby and Central Government Baboos making Income Tax Rules ) .
    PSU employees went to saveral Highcourts court and got stay. Matter was further taken up with Supreme Court as this was considered Discriminatary. However Suprement Court stated that It is NOT Discriminatary since Central Goverment and State Government employees stay in Very Bad ( ? ) quarters and can not be compared with quarters provided by Other companies. ( As if PSU Employees stay IN palaces) .
    .
    Finance MInister and his Mandarins did not like this and changed the definition of Perk covered in se

  2. shailendra says

    sir request to me

    sir laptop rate kam par loolypop rate jayda

    bike rate down but pertol jayda

    kya budget hai

  3. Kiran says

    Dear Sir,
    Our PM/FM claims GDP growth around 7.
    at the same time the Inflation is also crossing 7.
    how can it happen at the same time ?
    Is it the Baloon,which is going to burst ?
    Confused !!