The TDS rate of Professionals are very high at 10 % . They need to be brought down to 5 % . Also the basic exemption limit of 1.60 lacs should be raised to 2 lacs. The exemption limit u/s 80 C should be increased from 1 lac to 1.25 lacs as it has not been touched for last 4 years .These measures will help us fight the impact of inflation to some extent at least.
