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Income Tax
by
SRINIVASAN IYER
on Feb 19, 2007 03:57 PM
I feel that Income tax limit should be increased Rs.4.00 lakhs, i.e. persons drawing salary less than Rs.4.00 lakhs should not taxed. Similarly those drawing hefty salaries, say Rs.10 lakhs and above should be taxed heavily.
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The above message is part of the Discussion Board:
Should tax rates be cut? Tell us