Re Bhaiyya Choote Lagaan!!!
Next two months are going to be very tough considering the fact the that I have not done the required investments to save the taxes, a big chunk of my not-so-fat pay packet will be taken by the government.
I'm not complaining after all it is my mistake. I should have started saving a long time back but when money is there in your bank account and you have so many new places to visit and eat, so many new clothes to be tried, so many people to talk to over phone, so many things to buy for your home needs and so many people who still are expecting gifts from you how will you manage to save anything.
Anyways its a lesson well learnt and now that I'm quite used to of seeing my bank account turning green on the last day of every month , I think now I'm well equipped to take care of my expenditures as well as to maintain good savings.
It would have been so nice if Government gave tax exemption to all those spend-thrift idiots like me for 1 full year. The day you start earning you have to pay the tax. There should be some child-concession,(aren't we like a baby only in the earning world) or something like that for all the starters. Atleast give them some time to realise the importance of money and savings.
When I was in school or for that matter college, the 4 hours budget presented every year just seemed to be a shear waste of time.
I always used to wonder what makes my Dad sit through that extra boring session of our Honourable Finance minister giving a bhasan in the otherwise empty Loksabha. And the headlines in the news paper next day saying "cigarette, Gaadi mahanga, Tv, computer kharidna aur aasan" were equally boring. And every year there will be a pie chart in the news paper showing where did that rupee come from and where does it go. I used to wonder who is interested in all these stats. Why the hell anyone will be bothered about the sources of income and how is it spent. Only thing I understood at that time was, whatever money is collected from us goes to the politicians in the name of ghotala.
But now it does make a difference to me. I'm worried about rising prices because it is me now who has to pay for it and not my DAD. I'm worried about the income tax slabs. It is my hard earned money (if I say so ;) ) that is going to the government.I'm bothered about how the money is being spent, and where is it spent.The changing policies of government does affect my personal budget. And as every honest citizen of the country I pray that taxes are not increased this year.
And I'm going to make sure next year that I make optimum use of government's policy and not give any extra cent to the govt. as LAGAAN!!!
By the way savings and investment does help in contributing to our economy. The more the money flows the more it grows. So save money, invest it properly in the right channels, save on TAXES and pay the remaining. Remember the money that goes from you today comes back to you again in one form or other. Aakhir paisa aur Duniya dono GOL hai...
PS: The rising prices of cigarrette gives me immense pleasure as I save more money, I don't smoke you see ;-)