Time and again, any fiscal measure targeting revenues to the government, focuses its shot first at senior citizen's income. First interest rates on savings was reduced and now,the Hon. Finance Minister, Union Govt of India has observed that domestic savings in India is the biggest " threat" to Indian economy. He cited the characteristics of domestic savings in India and might be planning to further cut the interest rates on domestic savings. He seems to suggest that the domestic savings must be more in shares, mutual funds etc,etc. Is it not comical? Considering pensioners like me who do not get regular pension and make a livelihood only on small savings and fixed deposits, investments in mutual funds etc is far fetched. Industrialists cheat the government to the extent of thousands and thousands of crores and we sleep over these issues.
We want speed courts for cases. But, these cheats enjoy comfort and luxurious living even after being reported in the media. Why the government is keeping mum on these issues?
Will not the government release steps taken on these pending issues?
My humble request is not to harass the senior citizens anymore.
If all dues from tax evaders and documented cheats are collected, that would be phenomenol and our debts will come down.
Will the Hon. Finance Minister and our Hon. Modiji's Government look in to these issues?
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