Income tax should be lowered to 20% of the total income and should be exempted till Rs 3,00,000 atleast as this is the lowest amount for sustaining the needs of a family in metros.
RE:INCOME TAX SHOULD BE LOWERED
by venkata reddy on Feb 19, 2007 05:39 PM Permalink
it is better for the middle class people ,tax exemption upto Rs 300000 below 20%.