IT has been announced recently for the collection of tax for the year 2010-11 with a rebate of 5% only upto 30th April 2010.
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This period being the bottleneck of the year, where previous years dues of loan, interest etc would have been paid by 31st March. The burden of children education, holiday expenses ( either you have to move out or relatives move in), the current cost of essentials – food and vegetables, etc. which are unavoidable to be postponed and has to be met.
In many cases, contributions to the recently held elections have also been met by many indirectly, which affects the financial situation.
Under these circumstances, we request that the rebate period be extended for two more months ( upto June) as was done last year.
This will help many prompt tax payers and the corporation can save a lot and even get the blessings of its citizens.