This refers to the report "Your wait for that big I-T refund just got longer" (November 25). I wish the report were not based on facts. Not because I am waiting for a "huge income tax refund", but merely to have the comfort that in addition to all the allegations to which the government is already being subjected, the finance ministry doesn't end up defending accusations of "window dressing" managed by doubtful accounting practices to show a lower deficit figure.It is tough to understand how delayed payment of amounts that have already become payable will reduce expenditure. Anything is possible because we are hearing about thousands of crores of "unclaimed" deposits with the Employees' Provident Fund Organisation, Life Insurance Corporation, banks. With all the development in technology, can we not think of a more transparent accounting system for public funds?
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M G Warrier Mumbai
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number