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Income Tax Exemption for salaries middle class
by subhash ghoshal on Feb 12, 2010 05:28 PM

AnnualTotal Salary upto Rs.3 Lac should be fully exempted as the present cost of living index is too high all over India. Even 'Alu Bhate Bhat'(Smashed Potato & Rice)is getting dearer day by day, leave aside vegetables and fish. Prices are skyrocketing in every sphere. We are getting sandwitced between Price line and income line.We request full exemption upto Rs.3 Lacs.The Tax slab rate should be 10% for slab Rs.3 to 5 Lac and 20% for over 5-10Lac and 30 % for rest. Hapless Middle Class people shall remain grateful this relief.

We are solidly behind you with all the best wishes.


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