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Tax limit for salaries people
by
Murali V Niranjan
on Feb 21, 2007 04:14 PM
Irrespective of limit on savings by an individual salaried person, the tax slabs should be nil tax for income upto 1.80 Lakh and 10% over & above of 1.80 Lakhs upto 3.50 lakhs and 15% from 3.50 Lakhs to 6 lakhs and 25% over and above 6 lakhs onwards
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The above message is part of the Discussion Board:
Should tax rates be cut? Tell us