My Comment on an article 'Government refuses to link tax exemptions and slabs to inflation, to charge higher taxes" published in the Economic Times dated 11/04/2014 at 12:40 pm.
"Is it not a double benefit to the taxpayer?
If you link inflation index with tax slabs and minimum exemption limits and accordingly apply differential slab applications for calculating the tax, it will be a double rebate to the taxpayer: once as an increased salary and again as an additional inflation rebate.
I do not think it to be reasonable from the point of Tax Department."
"Is it not a double benefit to the taxpayer?
If you link inflation index with tax slabs and minimum exemption limits and accordingly apply differential slab applications for calculating the tax, it will be a double rebate to the taxpayer: once as an increased salary and again as an additional inflation rebate.
I do not think it to be reasonable from the point of Tax Department."
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