Saturday, January 23, 2010

Income tax in the coming budget


Income tax.... what expected in the coming budget?
by subrata banerjee

We the senior citizens between 60 and 65 have been demanding the exemption of Income Tax limits should be Rs.2,40,000/- as awarded to the citizens of above 65 years of age only. But salaried class retire at the age of 60 and their exemption limit is 1,60,000/- till thety reach 65 years of age. Why this discrimency will prevail among senior citizens. So, I earnest request our honb'le finance minister to consider sympathetically and allow all the senior retired citizens above 60 to enjoy income tax benefit upto Rs.2,40,000/-. Thank you, sir.

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