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Income Tax
by keshavr prabhu on Feb 03, 2010 11:04 AM

To Hon\'ble Finance Minister:

Please increase S.80C deduction to Rs.3 lakhs, or atleast Rs.2.50 lakhs from the existing Rs.1.00 lakh, so that people\'s savings may go up. By this amount Govt. can utilize this amount for the development of infrastructure and New Projects.

Similarly S.80D deduction for medical insurance premia may be increased to Rs.25,000 from the existing Rs.15,000, so that people may take a family insurance plan.



Please also make Nil TDS on retirement benifits and other payments made by the company[ Excluding salary ] during the time of retirement.


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