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Income Tax slab be revised
by jitendra garg on Feb 10, 2010 11:57 PM

The following are the message towards Income Tax for individuals:
1. Rate of Income Tax is to be considered.
For income upto 2,50,000.00 No TAX
2,50,000.00 to 7,50,000.00 10%
7,50,001.00 to 15,00,000.00 20%
15,00,001.00 and above 30%
2. Limit ot be enhanced from 1,60,000.00 to 2,50,000.00.
3. 80C deduction to be enhanced from 1,00,000.00 to 2,00,000.00.
4. Home loan interest to be raised from 1,50,000.00 to 2,00,000.00.


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