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Income Tax , Service Tax , Housing Loan
by PANKAJ SHIMPI on Feb 17, 2010 01:21 PM
Increase the Income Tax Slab Rate as Under:
Till Rs.2,00,000/- Tax Payable Nil 2,00,000 - 3,50,000/- Tax Payable 10% 3,50,000 - 6,00,000/- Tax Payable 20% 6,00,000 & above Tax Payable 25%
Increase the Investment limit from Rs.1,00,000 to Rs.2,00,000/-
& Increase in Rs.10,000/- for Ladies & Senior Citizen
Abolish the Service Tax as it is unnecessary Burden which falls on the people at large.
Increase Std Deductions in Rent Received from 30% to 40%.Generalise the Housing Loan Interest Rate(Fixed) between 9% to 10% for all the banks.
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