We are regularly submitting our returns but IT Dept is n't at all refunding the excess deductions on time.
US govt's IRS is doing perfect work on TAX REFUND and online filing processing and support.I think we should learn good from these.
Give more options to salaried people whose salary is less than 5-7 lakhs.We have no provisions or options to save money. We are paying IT and paying all type of direct and indirect taxes.
And our country or rulers are not taking care of tax payers eventhough they are getting revenues.
What about roads and other infrastructures?How govt is considering people who are unemployed(especially in private sector) after years of hard working ,paying taxes?
Please increase S.80C deduction to Rs.3 lakhs, or atleast Rs.2.50 lakhs from the existing Rs.1.00 lakh, so that people\'s savings may go up. By this amount Govt. can utilize this amount for the development of infrastructure and New Projects.
Similarly S.80D deduction for medical insurance premia may be increased to Rs.25,000 from the existing Rs.15,000, so that people may take a family insurance plan.
Please also make Nil TDS on retirement benifits and other payments made by the company[ Excluding salary ] during the time of retirement.
Dear Sir, FBT have been removed. This leads to more tax burden on individual salaried employees. We should think of ways to increase taxes through taxing more number of people, rather than taxing salaried people heavily. The black money still remains untaxed with the tax policies. One thought could be to tax all investments including property. Money, black or white, is going to be invested somewhere. Thank you and regards, Diwaker
Dear Sir, FBT have been removed. This leads to more tax burden on individual salaried employees. We should think of ways to increase taxes through taxing more number of people, rather than taxing salaried people heavily. The black money still remains untaxed with the tax policies. One thought could be to tax all investments including property. Money, black or white, is going to be invested somewhere. Thank you and regards, Diwaker
Please increase S.80C deduction to Rs.3 lakhs, or atleast Rs.2.50 lakhs from the existing Rs.1.00 lakh, so that people's savings may go up. By this amount Govt. can utilize this amount for the development of infrastructure and New Projects.
Similarly S.80D deduction for medical insurance premia may be increased to Rs.25,000 from the existing Rs.15,000, so that people may take a family insurance plan.
Please also make Nil TDS on retirement benifits and other payments made by the company[ Excluding salary ] during the time of retirement.
Dear Sir, FBT have been removed. This leads to more tax burden on individual salaried employees. We should think of ways to increase taxes through taxing more number of people, rather than taxing salaried people heavily. The black money still remains untaxed with the tax policies. One thought could be to tax all investments including property. Money, black or white, is going to be invested somewhere. Thank you and regards, Diwaker
We are regularly submitting our returns but IT Dept is n\'t at all refunding the excess deductions on time.
US govt\'s IRS is doing perfect work on TAX REFUND and online filing processing and support.I think we should learn good from these.
Give more options to salaried people whose salary is less than 5-7 lakhs.We have no provisions or options to save money. We are paying IT and paying all type of direct and indirect taxes.
And our country or rulers are not taking care of tax payers eventhough they are getting revenues.
What about roads and other infrastructures?How govt is considering people who are unemployed(especially in private sector) after years of hard working ,paying taxes?
Income up to 2.5 Lacs should be tax free and from 2.5 Lac to 5 Lac should be 10%.That will enhance the cash flow in the market.Because most of the middle class employees do saving forcely.This will increase the purchasing power of middle class employees. Also for ladies govt. employees income of Rs. 3 Lacs. should be tax free.
