I feel that government is not doing a good job for generating revenues from Income Tax. Govt. is impossing more taxes on Salaried person who are paying their taxes honestly. Salaried person has no option to skip from this but businessmen who can do all kind of stuff like "do number ka kaam", showing loss in the business in many ways (which may be wrong in many cases). In such cases, Govt. is not doing their job honestly to find out the correctness of the returns filed by Businessmen. This is very ridiculous.
The tax slab should be relaxing for COMMON man of India (specifically for SALARIED person) because he has nothing to get after he is retired. There is not help from the government to such people who has paid their Tax honestly for such a long time say 25-30 years). After getting retired the salaried people do not have sufficient capital/savings or support to live their life in similar way they were living during their working period.
Government should be SHAMEFUL of applying tax on the amount a person is getting on his/her PPF SAVINGS.
