Yes in today life the Govt should also think about revamping the whole process but not just following the old system and increasing the tax rates. Now the life style is changing and the way people are working and the way the international competition is taking the new course. Many in the Govt sector get some benefits even though their salaries are low which is not the same with people working in the Private sector or the MNCs because their pay scale is high but at the end of the day all end up paying equally for the increasing prices in the essential commodities. The tax slab should be increased to something like 300000 and then the calculation should be nominal. And for the Govt. to generate revenues, appoint sincerely people and take more stringent step to curb corruption and Black marketing. As we all know many of the people in key positions are working hand in glove with the wrong people and system for their own financial benefits. So if this can be eradicated then I am sure for such populated country like ours even little or nominal taxes can earn rich revenues. Only thing for this is people in the responsible positions should work more practically and collectively with higher degree of cooperation and coordination to raise India high. I am sorry if anything adverse is communicated or interpreted in my views.
