Gratuity up to Rs 10 lakh should be non-taxable for all categories of employees, just like for govt emoloyees.
All superannuation benefits should be tax-free, especially for people not drawing pension from any employer.
Mention of PAN should be compulsory for all cash payments in respect of electricity, telephone,internet bills (maybe above Rs 1ooo pm each), for buying ACs, side-by-side fridges, Blackberrys or other similar premium gadgets, etc , luxury cars and so on.
Gratuity up to Rs 10 lakh should be non-taxable for all categories of employees, just like for govt emoloyees.
All superannuation benefits should be tax-free, especially for people not drawing pension from any employer.
Mention of PAN should be compulsory for all cash payments in respect of electricity, telephone,internet bills (maybe above Rs 1ooo pm each), for buying ACs, side-by-side fridges, Blackberrys or other similar premium gadgets, etc , luxury cars and so on.
Why don't you consider to adjust the refund of Income Tax as advance tax for the next years. If IT Department is not responding to the returns filed year after year, the citizens shall have a right that their refunds shall be adjusted against the advance tax for the next financial year. Please do some serious thinking to the above.
Why don't you consider to adjust the refund of Income Tax as advance tax for the next years. If IT Department is not responding to the returns filed year after year, the citizens shall have a right that their refunds shall be adjusted against the advance tax for the next financial year. Please do some serious thinking to the above.
