Click here to advertise

 


 

 
Send Letters to the Editor
 
 
Visitor Medical Insurance
Sharp and Smart Investing
Sysoft eRFP
Swimming & Watersports
Sysoft Bid Management
Finance
GetFinest.com
Sysoft Right Hire
 
   

India transfers hardworking private sector tax payers’ money to nonproductive federal (central) government employees
Staff Reporter
Mar. 25, 2008

The tax payers in the unorganized sector who constitute more than 90% of the work force have a right to demand why the tax money collected from their hard earned income should be transferred to the Government employees, who are non-productive.

In far-reaching reform measures to the salary structure of an estimated 4.5 million (federal) central government employees, the sixth Pay Commission report submitted to the finance ministry today recommended an across-the-board effective salary hike of about 28 per cent, performance-linked increments, fewer holidays and a new medical insurance scheme.

It also recommended that the reimbursement of education allowance be raised from Rs 50 to Rs 1,000 per child per month, subject to a maximum of two children.


BIZ/FINANCE ARTICLES

India transfers hardworking private sector tax payers’ money to nonproductive federal (central) government employees
Staff Reporter
The tax payers in the unorganized sector who constitute more than 90% of the work force have a right to demand why the tax money collected from their hard earned income should be transferred to the Government employees, who are non-productive.
READ MORE>>

Sensex moving higher in bear market rally – up 161 points and may test 17,000 before moving below 9,000
Kirsten McLauren
Worldwide stock markets are in a bear market rally. The bear markets are always very sharp in moving up because of short covering panic. This one can take Sensex back to 17,000 or even higher....
READ MORE>>

India Inc. infested with ‘Enron’ type corporate frauds that can sink Indian economy - KPMG survey confirms
Tarin Mugabe
The inadequacy of anti-fraud measures and unethical behavior of employees are two land mark reasons for the probable collapse of so called India Inc. – a business concept based on imported jobs from the western nations.
READ MORE>>

Sensex falls 1000 points – India headed for a nasty depression with India Inc. running for cover
Kiran Rao
The economy is also plunging. India is headed for a depression. India Inc. the so called western outsourcing based business hype is running for cover as wave of catastrophic collapse come as Tsunami.
READ MORE>>

India will print $150 billion in Rs. at the cost of budget deficit and inflation to bail out the farmers – interesting election winning strategy that can devastate India in future
Preeti Siinghani
The only way this can be funded is by borrowing which is nothing else other that pure and simple printing money recklessly. The consequence of this is severe.
READ MORE>>

The crash in Sensex and decelerating industrial output points recession in India
Ravi Solanki
Indian government yesterday released the data, which said industrial growth had plunged to 5.3 per cent for January from 11.6 per cent in the same month last year....
READ MORE>>

Railway Minister Lalu Prasad claims by next year the Indian Railways would have a total surplus of about Rs 1,00,000 crore – but neglected infrastructure needs ten times that to avoid accidents in the future
Babu Ghanta
It is estimated the overall infrastructure development and maintenance to bring it to the international standards will require close to Rs 10,00,000 crore. It is exactly ten times the over optimistic projections for the next year.
READ MORE>>

MORE ARTICLES >>

 
Web www.indiadaily.com
 
Add RSS headlines
 
 
 
 
Click here to get ad specs and place your ad or Click here to contact the advertisement department
   
  Send Letters to the Editor
 
 

Close Window