rate of income tax

This query is : Resolved 

23 August 2008 does the income tax effect the rate of inflation.

23 August 2008 No Cannot be ... because Income tax rates where been reduced in past few year..

still Inflation is Increasing..

Let others comment i Keep it open Query

23 August 2008 At present, the income tax has no effect on the inflation.
the major reasons for inflation are

1. crude oil price
2. RBI purchased more dollars
3. The lavish spending trend
4. No sufficient prospective for agriculture
5. the growth is mainly concentrated in I.T., service sector, manufacturing sector and not in agricultural sector and in rural areas

23 August 2008 No IT dont affect inflation and some major factors responsible are mentioned above by MR Subhash


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details