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What is your reaction to Final New Tax Code ? (Poll Closed)

Total Votes: 258

  • ravimtts - 13 years ago

    Abolition of HRA exemption is a definite blow to us.

    As far as Tax slabs are concerned, I never really believed it would happen. Income Tax is a easy money and no government have to heart to get it reduced.

  • Pankaj - 13 years ago

    All these tax slabs, i think, got to be clubbed with real INFLATION and not that pseudo WPI stats.

    And Secondly consistancy of TAX STRUCTURE got to be maintained; not every time / year, some hype is created by the FM for some relief, concession et al.

    As any change / addition / alteration does effect the real tax payer, and in turn its real pay / profit.

    So rather than this, why TDS is system is not widen and its efficacy got to be more stringent.
    I hope this could be more tax collection savvy, and comfortable to both payee and collector of taxes.

    Let us wait and watch what the Parliament decides upon

  • Manish Chauhan - 13 years ago

    @j puri

    10% is the TDS , not the tax , it would be much more :)

    @Ravi , I dont have it right now, will find it

  • ravi - 13 years ago

    can we have a draft copy which is likely to be tablled in parliament on Monday ?

  • j puri - 13 years ago

    abolition of elss schemes &10% tax on mutual fund schemes is unreasonable

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