WHY INCOME TAX SLAB FOR SALARIED PEOPLE WAS NOT REVISED IN BUDJET BASED ON INFLATION,

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FOR FINANCIAL YEAR 2018, THERE IS NO INCREASE IN INCOME TAX SLAB . BUT ALL OUR MEMBER OF PARLIMENT , PRESIDENT , VICE PRESIDENT SALARIES ARE REVISED BASED ON INFLATION. ALL STATE AND CENTRAL GOVERMENT STAFF SALARIES ARE REVISED PERIODICALLY BASED ON INFLATION . THEN WHY NOT INCREASE THE TAX SLAB OF SALARIED PEOPLE ARE NOT REVIEWED AND REVISED PERIODICALLY, ONE OF THE MAJOR INCOME SOURCE FOR INDIAN GOVERMENT IS INCOME TAX FROM SALARIED PEOPLE. ALSO THERE IS NO SOCIAL SECURITY FOR SALARIED PEOPLE THOSE WHO ARE WORKING IN PRIVATE COMPANIES AND PAYING INCOME TAX REGULARLY IRRESPECTIVE OF INFLATION. APART FROM TAX SLAB -FOOD, EDUCATION, TRANSPORT , MEDICAL, RENTAL EXPENSES SOARED AGAINST INFLATION

INCOME TAX SLAB LAST REVIDED ON FY2014-2015, IS THIS A FAIR TO TREAT THE REGULAR TAXPAYERS

 



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