Posts Tagged ‘Mundam’

In praise of mundan

Monday, February 25th, 2008

Long ago, I remember that to extract Rs 10,000 of your own salary free of tax from the Indian government, you had to give various excuses, like sisters marriage, grandfather´s funeral, or a mundan ceremony. I cottoned on to the fact mundan ceremony was the best, because it was the smallest lie and also because you could repeat it year after year.  Different kids, hair grows back etc.

I wonder if this is still around in Indian tax laws. I guess NSC, NSS, PPF etc might still be around, but what about this old favourite?