Business Daily from THE HINDU group of publications Monday, Oct 13, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Opinion
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Letters Honest banking We seriously need honest and sincere leaders and bankers. I belong to an agricultural family but am working in a small software firm. I know the Central government had mandated that banks settle all eligible farm debt by June 2008, and to give further finance at concessional rates. But it looks like nothing has materialised till today.Vegetables are thrown on roads where they are grown because of over-production or low prices, though in the city people pay 10 times more. We don’t have proper storage facilities, cold storage and modern technology to transport produce from Hassan to Mysore. If so much money is allocated in the Budget for agriculture and infrastrucutre development, why can’t these basic requirements be addressed? The salaried classes pay all taxes fully and on time but a broker just shows people some vacant houses in a city gets one month’s rent as commission; why does the tax department not target this group? These are small issues but demotivate the honest citizens in paying taxes. Let Government focus on covering more transactions under the tax bracket than squeezing salary class. Natesh K. e-mail
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