Sir The income tax act contains lots of sections which are quite inappropriate with the passage of time. Like the section 10(13) for transport @800/- p.m. ? In metro cities like Delhi esp. this is not justificable. so this needs to be at par with the actual realities i,e. 2000/- p.m. at least a month. Then Children education allowance per month is 100/- per child u can correct that too. HRA also is to be realistic coz the rent rates are very high. Apart the income tax slab presently is 1.60 Lacs for men. It means hardly 13K per month ....but the reality is that living in a metro city needs 20K per month to sustain.....i dont have any more unreasonable demands.....
