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income tax exemption limits
by milan antony on Feb 13, 2010 05:58 AM

Limits for income tax should be raised for slaried class. The gov employees are the worst sufferers as their tax is deducted at source and nothing much can be done about it. If some rebate is to be claimed later he has to run to the income tax dept or to a ca.
Govt servants in A 1 cities are having a ball.Most of them have their own houses, they live in them and claim 30% HRA every month from the goverment which further goes as an EMI to the bank for their own House! A neat way of making the goverment pay for their residence ?

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