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Tuesday, May 30, 2006

income tax exempetions under scrutiny 

check this link:
http://incometaxindia.gov.in/archive/ListofexemptionsunderI.T.Act1961.doc

the IT authorities are planning on reviewing the exemptions that are
available at present.

hopefully, since the salaried class is a significant portion of the
vote bank, they would not like to remove the few exemptions that are
avilable to such people, however, you might wanna just take a look at
the 20 page document at the end of this link and see if you would like
to send in your two cents to the IT chappies.


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