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Income Tax
by Lipi Bhatia on Apr 07, 2007 02:07 PM   Permalink | Hide replies

A salaried person who can not evade any tax payment. since the tax is deducted by the employer and balance is given to the person .I feel no other taxes should ever by applicable. With his salaried income if has purchased an house/fixed deposit or any other form of investment all such income should be tax free.

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  RE:Income Tax
by Vikas Vadgama on May 02, 2007 12:16 PM   Permalink
I agree with you but our inhuman Mr. Chidambaram has also removed standard deduction which was some relief for salaried people. We cannot expect of him to pass any such law.

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The above message is part of the Discussion Board:
Can you club income to save tax?