Since the object should be to enlarge the tax base, there should not be any decrease in the lower sealing. However, tax band should be enlarged. For example, 10% slab should extend upto Rs.2.5 lakhs. The 20% slab should be in Rs. 2.5 to 5 lakh range.30% rate should be applicable beyond Rs. 5lakhs. This should take care of inflation.
