Taxing perks

The post budget plan of the Government to tax the perks extended by business houses to their employees is unsolicited. It is unwelcome to ask people to spend more funds to meet their tax payments.

The Government has already taxed common man by hiking petrol and diesel prices.
The argument of rising petrol charge will not affect common man is a ludicrous one. Even the hike of aviation spirit will affect common man not because they travel in planes but because of the use of consumer goods produced by those company heads traveling in the planes. The company heads that pay more their travel will collect more money from ordinary people by selling their products like soap and paste ata higher price. Does any one think that common people will not use soap and paste?

It is learnt that perks that are expected to be taxed include car provided by employer, domestic help paid by employer, free or concessional education, gift vouchers etc. Taxing educational concession is very crude joke. By taxing perks the individual's tax pay out is more than what he or she would have to pay actually.

K A Solaman