Income Tax Slabs
by Abhijit on Feb 23, 2010 03:00 PM Permalink

Progressive Taxations means higher you earn higher you pay in tax.

It is good for socialism.

But if we have to progress, flat taxation is required.

Such as -
0 to 1 lac - No Tax
1 Lac to anyting - 15% Tax

Only then, tax filing will be simple & people will pay without hassle.

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