Feb 08, 2013 07:24 PM IST | Source: Moneycontrol.com

Lower tax slabs, add exemptions for the salaried

While the last Budget had lowered, minimum exemption for income tax from Rs 1,80,000 to Rs 2,00,000, salaried individuals are looking for more tax cuts this year too.

While the last Budget had raised minimum exemption for income tax from Rs 1,80,000 to Rs 2,00,000, salaried individuals are looking for more tax cuts this year too.

The government has resorted to some measures to tame the ever-growing fiscal deficit but that is directly or indirectly hurting the common man. Therefore, the government should consider relaxing home loan, car loan and education loan etc, demands the salaried individual.

 

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