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TAXING PERIOD
by Murali Dharan on Feb 19, 2007 04:33 PM

It is high time to raise the tax exemption limit. At the present limit, only the middle class employess are suffering. High income groups are not affected by this limit. Many say that Govt. employees are most affected by the inflation. While saying this, these people are not even thinking about the industrial workers and private employees with meagre salaries. However, it is not the time for dispute. The Government in the interest of all the citizens should consider to raise the income tax limit to 1.50 lakh at the least.


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