Common man in india has to work very hard to get his day to day living necessities fulfill. and even after working very hard he is not able to save anything for his family nor for his own future so if the tax slabs can be changed from 160000/- to 500000/- i think there will be many people who wud be able to save atleast some part of their earning. i dnt know if i m rite or wrong but this is my personal exp. i earn 600000/- per year but i dnt have any savings my self after investing around 100000/- and inspite of having a home loan i still have to pay 45000/- tax a year i mean if some one earning like me is in such situation what about those who are earning around half of wht i m earning ????
