The exemption of I T should increase or decrease as per average rate of inflation. With this the gov will have sense of responsibility and accountability and AAM ADMI will be sharing its due share to exchequer and partly get relief from rising inflation
From:
1 comment:
THE EXEMPTION AND DEDUCTION SHOULD BE REVIEWD BASED ON THE CURRENT CONDITION INSTEAD OF KEEPING THE SAME LIMIT. FOR EXAMPLE THE GOVT HAS STOPPED STIMULATING THE SAVING BY ABOLISION OF DEDUCTION. A COUNTRY WILL PROGRESS BASED ON THE SAVING WHICH WILL HELP FOR INVESTMENT.
FURTHER ALL THE PRICES OF ESSENTIAL COMMODITIES HAVE INCREASED BEYOND CONTROL. HENCE TO CREATE SAVING/ SURPLUS MONEY THE DEDUCTION SHOULD BE INCREASED
THE DEDUCTION UNDER 80DD AND 80U SHOULD BE GIVEN BASED ON THE PERIODICAL REVIEW AT LEAST ONCE IN 5 YEARS BY THE CIVIL SURGEN INSTEAD OF BLANKET DEDUCTION.
Post a Comment