It's highly frustrating thet we the salarised people are taxed heavily and Govt. is unable to catchhold of the people having black money. We do not have any option to hide our income as it is always deducted from source.
With so much of rising cost of living, inflation, cost of education, we can not afford to put our kids in very good school. In my opinion which all of you people will agree that this slab need to be increased to atleast 5 Lakhs and upto 10 lakhs income should be taxed upto 10%, Upto 25 lakhs to be taxed upto 15% and beyond should be taxed at 25%
