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Income Tax
by
mridu bhuyan
on Feb 21, 2007 07:04 PM
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Finance Minister should take special care for middle class particularly those employee having white money only.
For this purpose tax rate should be reduced to 15% for income upto 5.00 lakhs besides examption limit of income upto 1.50 lakhs.
Further Tax to be collected for the assets created/utilised by individuals.
MMBhuyan
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RE:Income Tax
by
Manoj M. Panchal
on Feb 22, 2007 12:17 AM
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I should say that there should be no IT below 5 lakhs, and let it nest fiscal only. U'll c India will cheer up.
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The above message is part of the Discussion Board:
Should tax rates be cut? Tell us