Only 10 lakh earning over Rs 10 L a year in INDIA

The whole income tax drama is unethical, immoral, dishonest, inequitable and corrupt. There are 600 milion automobiles (2, 4 wheelers , trucks and 3 wheelers), 300 million smart phone users, 200 million buying household elctronics in excess of 1L; 100 million buying gold/ silver; 50 million people who have housing EMI, 1 million people applying USA visa alone. Add to this there are 10 million govt employees making a cool 300 trillion in corruption alone, 100 million self employed who make big mo ..

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http://economictimes.indiatimes.com/articleshow/52048345.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst more  

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If the government can find out how people like lallu, mulayam , badals and maya amassed unbelievable wealth they can design a better incometax structure. All donations to political parties should be taxable. more  
All Accounts Paying Charging Receiving Moneys Over 50,000 /= should present There PAN Nos along with payment / Receipts, and Owners / Proprietors / Pay Masters / Finance Managers - Cashiers / Directors / Share Holders should be Subjected to Income Tax Demand. more  
Everyone should pay like a salaried employee without hiding any income for a change. more  
The Salaried Persons salary being known to Govt and which cannot be hidden as compared to a BIG EARNING others like Business People , MLA, MP and so on ... They had sympathy towards as stated by Mr Satyanarayana. more  
Any body may talk to a salaried employee about incom tax he has to pay. He will explain to you how he is burdened with tax and with the cost of living and prices of commodities skyrocketing he feels overburdened in life. Tax exemption is too little to be happy about.Many employees do not get even basic perquisites more  
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