Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
RE:Why P. Chidambaram cannot see anything beyond his lungi?
by VENKATESWARAN S. on Feb 19, 2007 03:48 PM

Mr Chidambaram is always biased to salaried class. He takes away more than what he gives to them. Readers may remember that apart from removal of standard deduction Section 80L reduction of Rs.12000/- was also removed.

Also in respect of women when the basic exemption limit is increased to Rs.1,35,000 as compared to men he removed special tax rebate of Rs.5000 which was available to them. The net effect is that govt has taken away Rs.1500/- from the pocket of each women.

(S. VENKATESWARAN)

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Should tax rates be cut? Tell us