About 2,500 employees from the different sectors were covered by the survey from each city on an average. Over 89 per cent of the respondent said that the slab of tax free income has not moved up in line with real inflation. The current basic exemption limit of Rs 2,00,000 should be increased to at least Rs, 3,00,000 with the limit for women going upto Rs 3,50,000 Lakhs. This will increase the purchasing power of individuals and stimulate demand, the survey said. ‘Pushing the basic exemption limit the tax payers in saving taxes and will also align it with the proposals made by the Parliamentary standing committee on the Direct Taxes Code (DTC)’, the survey noted. With increasing healthcare costs, the existing tax free limit of Rs. 15,000 should be increased to Rs. 50,000, the same also needs to be considered in the Budget, said 89 per cent of the respondents.
Search
Wednesday, 13 February 2013
Salaried class wants raise in Tax Exemption limit
About 2,500 employees from the different sectors were covered by the survey from each city on an average. Over 89 per cent of the respondent said that the slab of tax free income has not moved up in line with real inflation. The current basic exemption limit of Rs 2,00,000 should be increased to at least Rs, 3,00,000 with the limit for women going upto Rs 3,50,000 Lakhs. This will increase the purchasing power of individuals and stimulate demand, the survey said. ‘Pushing the basic exemption limit the tax payers in saving taxes and will also align it with the proposals made by the Parliamentary standing committee on the Direct Taxes Code (DTC)’, the survey noted. With increasing healthcare costs, the existing tax free limit of Rs. 15,000 should be increased to Rs. 50,000, the same also needs to be considered in the Budget, said 89 per cent of the respondents.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
-
Murder 3 weekend collections, Murder 3 movie 3 days collections, Murder 3 three days collections, Murder 3 movie 3rd day collections , Mu...
-
Kim Kardashian and Kanye West ditched the wintry cold of New York City for warmer climes on a recent romantic getaway to Rio de Janeiro, ...
-
Here’s the full list: Best Film Barfi! English Vinglish Gangs Of Wasseypur Kahaani Paan Singh Tomar Vicky Donor Best Directo...
-
Both film goers and critics have opined that the most-awaited film Jabardasth starring Siddharth and Samantha in leads shares a strikingly...
-
The trailer of ‘The Hangover Part 3′ has been released. Directed by Todd Phillips, the film stars Bradley Cooper, Ed Helms and Zach Galif...
-
This scorching summer, Priyanka Chopra is going to chill you with her oomph factor. The March 2013 issue of Vogue will see the versatile ...
-
Yeto Vellipoyindi Manasu Review, Yeto Vellipoyindi Manasu Movie Review, Nani Yeto Vellipoyindi Manasu Review, YVM Review, Nani YVM Review...
-
-
Kamal Haasan starrer Viswaroopam has opted out of Pongal race in AP as two of the big releases Naayak and Seethamma Vaakitlo Sirimalle Ch...
No comments:
Post a Comment