Liberal tax slabs for salaried class assesses
This petition had 39 supporters
In India, Business class assesses and Corporates have many avenues to evade tax by way of salary expenses, many other heads where vouchers can be raised easily, interest provisioning for loans from family members and many others. Thus they have multiple assets and high income but pay limited taxes.
Salaried class on the other hand pay the taxes without any evasion including tax on capital gains and interest income from banks, finally turns out to be the class with highest tax payers with limited assets and income. Hence we request government to liberalize the tax slabs for Salaried class so that they do not feel the entire pinch of tax payments in the country.
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