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Andhra Pradesh Discussions Forum Index - Economic & Infrastructural Development
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Taxation is going to increase again



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Maoist
Telugu Teja



Joined: 06 Dec 2004
Posts: 455
Location: Bhainsa, Adilabad district
PostPosted: Mon May 02, 2005 7:57 pm
Post subject: Taxation is going to increase again		Reply with quote
I read in news that YSR is ready to take loans from world bank. He is also ready to increase taxes for paying debts to world bank. Some more industries will close in AP if taxation increases again.
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webgeek
Telugu Simham



Joined: 19 Apr 2004
Posts: 1006
Location: San Jose, USA
PostPosted: Tue May 03, 2005 12:14 am
Post subject: 		Reply with quote
True. I too read this article in the news paper today. This is like continuation of the TDP taxation reforms..
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Surya Kala Chennamaneni
Telugu Teja



Joined: 21 Apr 2005
Posts: 375
Location: Karimnagar
PostPosted: Tue May 03, 2005 8:25 am
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Already economy of Argentina badly spoiled by world bank policies. I those days Argentina was rich country. Now there are many poor and unemployed people in that country. World bank loans are very dangerous for economically backward countries like India.
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NSuryaChandraReddy
Telugu Bidda



Joined: 19 Dec 2004
Posts: 190
Location: Pusapatirega, Vizianagaram district
PostPosted: Tue May 03, 2005 9:34 am
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It is very difficult to repay the loans taken in time of Chandra Babu. How did they decide to take new loans from world bank?
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