the hon,ble finance minister should recast the present income tax both for individual as well as for corporates . there is a big jump in the last few yrs in the income of some big individual as well business entities as can be seen from the returns filed, property decl ared by candidates at the time of election , fortune 500list etc accordingly the slabs should be (1) 0-500000 (2)500000-1000000, (3)1000000-2500000 (4) 2500000 and above . skgupta
