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Income Tax
by MM Mukhija on Feb 04, 2010 02:20 PM  Permalink 

The Govt should raise the 10% tax slab at least upto 8.0 lacs and 20% upto 15.0 lacs. Moreover, limit of Rs.1.0 lac for savings under 80CC should be increased to Rs.4.0 lacs. There should also be exemption of atleast Rs.50,000 on receipts on account of interest, dividends etc.
Mukhija

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Income Tax
by MM Mukhija on Feb 04, 2010 02:20 PM  Permalink 

The Govt should raise the 10% tax slab at least upto 8.0 lacs and 20% upto 15.0 lacs. Moreover, limit of Rs.1.0 lac for savings under 80CC should be increased to Rs.4.0 lacs. There should also be exemption of atleast Rs.50,000 on receipts on account of interest, dividends etc.
Mukhija

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No tax upto Rs.3,00,000/-
by Sachidanand Shetty on Feb 04, 2010 02:19 PM  Permalink  | Hide replies

No tax upto Rs.3,00,000/- & 10% tax upto Rs.10,00,000/-.

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Re: No tax upto Rs.3,00,000/-
by Sachidanand Shetty on Feb 04, 2010 02:26 PM  Permalink
Conveyance all increse from Rs.800/- P.M to 1,500/- P.M.
Education fee deduction from 1000/- P.M to 1,500/- P.M.

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Re: No tax upto Rs.3,00,000/-
by Sachidanand Shetty on Feb 04, 2010 02:25 PM  Permalink
Conveyance all increse from Rs.800/- P.M to 1,500/- P.M.
Education fee deduction from 1000/- P.M to 1,500/- P.M.

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Relief for Salaried Person
by Ganesh Khemka on Feb 04, 2010 02:11 PM  Permalink 

Dear Sir,
some tax benefit must be given to the salaried person.Standard Deduction must be brought back.There should be increase in threshold limit of transport allowance because Rs. 800 pm for conveyance is almost 1/2 month conveyance. Looking into consideration it must be near about 2000-2500 per month. So as the case with education allowance and hostel allowance, it is Rs. 100 pm & Rs. 300 pm per child. In today world normal education cost in metro cities are in between Rs. 1000 to Rs. 1500 per month. So sir look into this matter. As far as medical expenses is concerned limit of exemption of Rs. 15000 is again bit low. Sir please look into the matter.With Regards Ganesh

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Relief for Salaried Person
by Ganesh Khemka on Feb 04, 2010 02:11 PM  Permalink 

Dear Sir,
some tax benefit must be given to the salaried person.Standard Deduction must be brought back.There should be increase in threshold limit of transport allowance because Rs. 800 pm for conveyance is almost 1/2 month conveyance. Looking into consideration it must be near about 2000-2500 per month. So as the case with education allowance and hostel allowance, it is Rs. 100 pm & Rs. 300 pm per child. In today world normal education cost in metro cities are in between Rs. 1000 to Rs. 1500 per month. So sir look into this matter. As far as medical expenses is concerned limit of exemption of Rs. 15000 is again bit low. Sir please look into the matter.With Regards Ganesh

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Relief for Salaried Person
by Ganesh Khemka on Feb 04, 2010 02:11 PM  Permalink 

Dear Sir,
some tax benefit must be given to the salaried person.Standard Deduction must be brought back.There should be increase in threshold limit of transport allowance because Rs. 800 pm for conveyance is almost 1/2 month conveyance. Looking into consideration it must be near about 2000-2500 per month. So as the case with education allowance and hostel allowance, it is Rs. 100 pm & Rs. 300 pm per child. In today world normal education cost in metro cities are in between Rs. 1000 to Rs. 1500 per month. So sir look into this matter. As far as medical expenses is concerned limit of exemption of Rs. 15000 is again bit low. Sir please look into the matter.With Regards Ganesh

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Relief for Salaried Person
by Ganesh Khemka on Feb 04, 2010 02:11 PM  Permalink 

Dear Sir,
some tax benefit must be given to the salaried person.Standard Deduction must be brought back.There should be increase in threshold limit of transport allowance because Rs. 800 pm for conveyance is almost 1/2 month conveyance. Looking into consideration it must be near about 2000-2500 per month. So as the case with education allowance and hostel allowance, it is Rs. 100 pm & Rs. 300 pm per child. In today world normal education cost in metro cities are in between Rs. 1000 to Rs. 1500 per month. So sir look into this matter. As far as medical expenses is concerned limit of exemption of Rs. 15000 is again bit low. Sir please look into the matter.With Regards Ganesh

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Relief for Salaried Person
by Ganesh Khemka on Feb 04, 2010 02:10 PM  Permalink 

Dear Sir,
some tax benefit must be given to the salaried person.Standard Deduction must be brought back.There should be increase in threshold limit of transport allowance because Rs. 800 pm for conveyance is almost 1/2 month conveyance. Looking into consideration it must be near about 2000-2500 per month. So as the case with education allowance and hostel allowance, it is Rs. 100 pm & Rs. 300 pm per child. In today world normal education cost in metro cities are in between Rs. 1000 to Rs. 1500 per month. So sir look into this matter. As far as medical expenses is concerned limit of exemption of Rs. 15000 is again bit low. Sir please look into the matter.With Regards Ganesh

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Relief for Salaried Person
by Ganesh Khemka on Feb 04, 2010 02:10 PM  Permalink 

Dear Sir,
some tax benefit must be given to the salaried person.Standard Deduction must be brought back.There should be increase in threshold limit of transport allowance because Rs. 800 pm for conveyance is almost 1/2 month conveyance. Looking into consideration it must be near about 2000-2500 per month. So as the case with education allowance and hostel allowance, it is Rs. 100 pm & Rs. 300 pm per child. In today world normal education cost in metro cities are in between Rs. 1000 to Rs. 1500 per month. So sir look into this matter. As far as medical expenses is concerned limit of exemption of Rs. 15000 is again bit low. Sir please look into the matter.With Regards Ganesh

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INCOME TAX
by prashant kulkarni on Feb 04, 2010 02:08 PM  Permalink 

Sir, I am ready to invest more than 1 lac please increase the saving limit to atleast 2 lac. Medical limit to be increased from 15000/- 25000/-. LTA rules to be relaxed.

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