The budget presented after keeping in mind for 3.5 Cr People who are filing returns.
But what for the rest of 106.50 Cr people who are below the tax limit.
though industries say it is good budget but.... i have differ view on this.
Releif given to tax payer maximum of Rs. 45000/- but by increasing the rate of Petrolium., vehicles, and the infltaion (which will rise) so how much will remain in hand...... Nothing ..... It would be better if they would have not change the tax structer.
The Change in Tax Slab is nothing to work as from 01-04-2011 Tax Code is coming where income upto Rs. 1000000/- will attract Tax Rate 10%
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