The Central Government of India unveils its
Annual Budget every year in the month of
February or March. This budget affects all the
citizens of the country in one way or other. The
budget 2008 has been unveiled on 29th
February 2008 and the Government has
proposed many changes in the rates of taxes
and duties. All of us should learn about the
budget and how it affects us by reading specific
articles in the newspapers or in tax books sold in
the shops. Even a child who has taxable income
has to pay income tax to the government.
Adyar Gopal Parivar
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All the members of Adyar Gopal Parivar might be affected by Budget 2008.
(March 2008)

By Mohan Shenoy
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All the members of Adyar Gopal Parivar might be affected by Budget 2008.
(March 2008)

By Mohan Shenoy
Paying taxes is a way to create our documents of
life. One who pays taxes, even a few hundred rupees
can create a document for himself/herself so that he
will have a right to spend money without any fear.
He/she can also keep away from bad habits which
he/she acquires by trying to spend black money.
Black money is income for which tax is not paid. The
major bad habits a person acquires with black money
are alcoholism, drug addiction, debauchery, horse
racing gambling, paying bribes,and getting illegal
work done.
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