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Personal Income Tax
by VINOD TYAGI on Feb 23, 2010 07:50 PM

1) Will waive off additional tax exemption to a) Women b)Senior citizen. Both have no logic.

2) Impose tax on clubbed income of husband and wife. A couple would be treated as one individual and tax would be assessed on joint income after allowing some addition standard deduction.
3) Raise the exemption limit to thrice of present limit for salaried persons. It is the salaried people who are affected most by personal Income Tax.

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