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Should tax rates be cut?
by Divakar Hombalgatti on Feb 19, 2007 05:08 PM

Let's take the example of a high profile official who earns a salary of 60,000/- plus pm.
For an employee of this rank, rent is paid by company, conveyance is paid at actuals, mobile bill is taken care by the company, many a times they claim their food expenses under entertainment of guests. What has he got to spend if all these come from the company ? Will it in any way affect his life ? Where as a executive who earns 25,000 has to take care of all these expenses from his pocket and still pay the same percentage of tax ? Is it justified ?


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Should tax rates be cut? Tell us