every one is experiencing the price rise, and our hard earned money is going towards income tax, balancing is very difficult, and savings are going done to nill due high taxes in all aspects. hence it is time to rise the taxable limits. say upto 300000 tax free and from 3 to 10 lakhs 10%, 10 to 15 lakhs 20% and 15 to 20 lakhs 25% and 20 lakhs and above 30%. and also 80c limit rise to 3 lakhs. not applying tax on PPF and LIC maturity amount.
