Dear Sir, Tax deduction for foreign expenses is wrong and the justifications are even more wrong:
Parity between debit and credit cards is thinking two wrongs make a right. They don’t.
For tracing, if at all a 0.1% rate (like in property deals is right) would work - people who don’t want to do admin paperwork can just choose to give it up
This will not prevent money laundering, it will CAUSE money laundering. Who wants to pay 125$ for a 100$ product.
No one uses credit cards to circumvent the LRS (except maybe a few people) - credit cards on average have a credit limit of just 1-2 lakh rupees. At most a credit card can be the straw on the proverbial camel.
The explanations and circulars in just one day are bizarre already - an employer on a business trip can’t use it while an employee can.
TDS may not be a tax burden, but it imposes serious liquidity, operational and regulatory burden besides impossible paperwork and proving for instance that a coffee consumed abroad is a business expense to your bank.
No one uses credit cards: “rich for buying property, shares” or “real estate, bonds, stocks outside India” as argued. I’m not aware of any property available at 1 lakh rupees or brokers who accept credit cards for payments (are too expensive)
End of rant.
@narendramodi
@HDFCBank_Cares@HDFC_Bank
Amazon is not accepting hdfc card saying your bank is unable to process payment due to technical problem. Please look into it asap.
Govt. Should understand the concerns of every final year students. It's not that every students are in their comfort zones i.e. Their homes & having all the facilities.What about the economically backward class students ?#31StudentsInSCForJustice@PMOIndia@ugc_india
Can govt. open the parliament before opening the school/clgs??!!
Don't students life have matter ??!!.
We need degree not death certificate.
We also love our life.
RT if agree....
#NoExamUGC
"Education & examination have a cause & effect relationship.
When education has not been provided to lakhs of students, what will the university test them on?"-AAP spokesperson @AkshayMarathe#KejriwalStandsWithStudents#NoExamMHRD
On 24th UGC said that guidelines will be revised. Yesterday they released a 1.5 page guideline which basically was the same as before. So, they took 2 weeks to not revise it at all! Shows how rotten and anti student UGC is!
#UGCGuidelines#cancelfinalyearexams#ugc_cancel_exam