AnnualTotal Salary upto Rs.3 Lac should be fully exempted as the present cost of living index is too high all over India. Even 'Alu Bhate Bhat'(Smashed Potato & Rice)is getting dearer day by day, leave aside vegetables and fish. Prices are skyrocketing in every sphere. We are getting sandwitced between Price line and income line.We request full exemption upto Rs.3 Lacs.The Tax slab rate should be 10% for slab Rs.3 to 5 Lac and 20% for over 5-10Lac and 30 % for rest. Hapless Middle Class people shall remain grateful this relief.
We are solidly behind you with all the best wishes.
Existing limit of income tax is not practical compared to the price index of NDA regime,now BSE & NSE reached somehow healthy position compared to the NDA regime,so please extend your miser hand for tax exemtion limit to at least 3 lakh is NIL tax then upto 6 lakh is 10%.& of course no other cess.Thanks & expecting you do it.S.Mitra
AnnualTotal Salary upto Rs.3 Lac should be fully exempted as the present cost of living index is too high all over India. Even 'Alu Bhate Bhat'(Smashed Potato & Rice)is getting dearer day by day, leave aside vegetables and fish. Prices are skyrocketing in every sphere. We are getting sandwitced between Price line and income line.We request full exemption upto Rs.3 Lacs.The Tax slab rate should be 10% for slab Rs.3 to 5 Lac and 20% for over 5-10Lac and 30 % for rest. Hapless Middle Class people shall remain grateful this relief.
We are solidly behind you with all the best wishes.
Sir At present the exemption limit for savings is Rs 1,00,000. The present scenario warrants more investment for a peaceful retired life. Please deduct all savings in long term govt bonds and save the salaried.
