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income tax
by venkates kumar on Feb 09, 2010 01:12 PM  Permalink 

Dear FM
IT WOULD BE BETTER IF THE INCOME TAX LIMIT IS RAISED TO 3 LAKHS FRO TAXATION. THEN THE AMOUNT SPEND ON EDUCATION KIDS SHOULD BE RAISED TO THE LEVEL HOW MUCH THE PARENTS ARE PAYING IN THE RESPECTIVE SCHOOLS. THE TOTAL PAID AMOUNT SHOUND BE DEDCUTED FROM THE SALARY I THINK NOW IS RS. 12000 PER KID WHICH IT IS MUCH MORE BELOW THAN THE NORMAL FEES CHARGES BY ANY SCHOOL . THE FM SHOULD TAKE THIS EDUCATION FACTOPR IN TO MAIN CONSIDERATION

VENKATES KUMAR
ASST PROFESSOR

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income tax limit should be rs 300000.00
by Vedkantha Dasmahapatra on Feb 09, 2010 01:05 PM  Permalink 

pl increse the limit of tax

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income tax limit should be rs 300000.00
by Vedkantha Dasmahapatra on Feb 09, 2010 01:04 PM  Permalink 

pl increse the limit of tax

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Increase Tax Slab
by Manas Samal on Feb 09, 2010 01:00 PM  Permalink 

Tax slab
upto 5 lacs nil
5 lacs to 10 lacs 10 percent
10 to 20 lacs 20 percent
20 lacs above 30 percent

Saving Slabs 3 lacs

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income tax limit should be increased
by Alfred Thomas on Feb 09, 2010 01:00 PM  Permalink 

I have a request to increase the income tax limit to atleast 3 lacs. I remember the income tax limit was 1 lakh almost 10 years before. Now the prices have gone high in the last year around 500%. Hence a 200% income tax limit is minimum required.

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Accountability to citizens on Tax collected
by vijaya pazhni on Feb 09, 2010 12:56 PM  Permalink 

As a true citizen of India everyone would be interested in the welfare and development of the Country which will directly or indirectly contribute to individual growth oppurtunities.

If as a citizen I get the visibility on where my Tax many is spent for the growth and development of India, published post to the complete independent auditing performed by external Auditors from PWC or any other well known reputed firms will not pinch me on paying the tax.

Hope everyone agrees with this point..

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Accountability to citizens on Tax collected
by vijaya pazhni on Feb 09, 2010 12:55 PM  Permalink 

As a true citizen of India everyone would be interested in the welfare and development of the Country which will directly or indirectly contribute to individual growth oppurtunities.

If as a citizen I get the visibility on where my Tax many is spent for the growth and development of India, published post to the complete independent auditing performed by external Auditors from PWC or any other well known reputed firms will not pinch me on paying the tax.

Hope everyone agrees with this point..

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Bank interest
by arun khargonkar on Feb 09, 2010 12:53 PM  Permalink 

The bank interese for salaried calss should be exempted from income tax.

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