rate of income tax
This query is : Resolved
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
still Inflation is Increasing..
Let others comment i Keep it open Query
Subash Gaijes
(Expert)
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
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
CA Anuj Garg
(Expert)
23 August 2008
No IT dont affect inflation and some major factors responsible are mentioned above by MR Subhash
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