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Proposed Changes In Income Tax Basic Limits

Posted under Income Tax Articles  |
Posted By: R. RAMBABU on August 27, 2009

i express my views from the point of view of social responsiblity.

The law should give exemption 

the  savings made  in the name of a child who is less than 1 year- 100 %

------------------------do-------more than 1 year less than 2 years   90 %

------------------------do-------more than 2 years less than 3 years  80 %

like that.This will make every citizen think of the future child.

This will also bring long term resources needed by the govenment for long term resources. 

 

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