Revise IT law No tax for less than 1.5 lakh per annum, age > 75 years 10 % for 1.5 to 5 lakh per annum 20 % for 5 to 10 lakh per annum 30 % for more than 10 lakh per annum Abolish tax saving schemes. Only medical insurance, home loan should be under this. Make return policy simpler. Stop these insurance companies from leeching out savings of people.
