Dear Sir, I donot know whether this write up would reach you or not but still giving it a try.. :) No harm .. :D .. I would request you not to abolish FBT as it will eat up all our hardearned money. I have a simple suggestion. Please leave FBT as it was.
Dear Sir, I donot know whether this write up would reach you or not but still giving it a try.. :) No harm .. :D .. I would request you not to abolish FBT as it will eat up all our hardearned money. I have a simple suggestion. Please leave FBT as it was.
it is very difficult for a common man/employee for living with minimum facilities.only employees are pay the tax comparing with the politicians who are holding plenty of money.day by the cost of living is increasing, and the rates of commodities are increasing.Govt should think that common tax to all the people for the sake of country,instead of some people like employees.and the rate of 50,000 - 75,000 relaxation for physically challenged people should be changed to 1,50,000 to 2,00,000.
i- pl. raise ciling of exempt conveyance allowance. its only rs. 800/-p.m. at present, which is too low; ii- pl. raise ceiling of exempt children education allowance. its presently rs. 400/- per child p.m. its too low. can anyone even imagine to teach his child in 400/- p.m. expense? its infact an insult to the salaried middle class people like us. pl. do something for this. the ceiling should be minimum rs. 2000/- p.m. per child. iii- pl. also raise ceiling on exempt medical expenses incurred by salaried class.
Income tax to be exempted on following for salaried class who are worst hit and end up pay huge amount of tax, while business class enjoy all the benefit: Medical Rs 60,000/-(maximum upto 4 members in family) per annum, School education fees for Girl child for Rs 15,000/- per annum for maximum 2 girls in family, Conveyance Rs 20,000/- per month, House Rent / Own house Rs 25,000/- per month, Electricity Charges Rs 2500/- per month, LTA Rs 50,000/- per anum, Entertainment for family Rs 24,000/- per annum,LIC premium payment limit of maximum Rs 3,00,000/- per annum to be fully exempted from Gross salary, House Loan for atleast 2 houses to be exmpted on Principal amount and Interest paid to bank. Moreover, slab system to continue but the ITax so charges to be maximum 10-15% on Nett Income to encourage everyone to enjoy happy, healthy life and to pay premium happily.
Income tax to be exempted on following for salaried class who are worst hit and end up pay huge amount of tax, while business class enjoy all the benefit: Medical Rs 60,000/-(maximum upto 4 members in family) per annum, School education fees for Girl child for Rs 15,000/- per annum for maximum 2 girls in family, Conveyance Rs 20,000/- per month, House Rent / Own house Rs 25,000/- per month, Electricity Charges Rs 2500/- per month, LTA Rs 50,000/- per anum, Entertainment for family Rs 24,000/- per annum,LIC premium payment limit of maximum Rs 3,00,000/- per annum to be fully exempted from Gross salary, House Loan for atleast 2 houses to be exmpted on Principal amount and Interest paid to bank. Moreover, slab system to continue but the ITax so charges to be maximum 10-15% on Nett Income to encourage everyone to enjoy happy, healthy life and to pay premium happily.
