The Finance Minister should abolish the discrimination between
Men and women with regard to Income-Tax exemption limit and allow the same limit to
Both. Almost all earning women have earning husbands whereas most men have
Unemployed and non-earning women as wives. Let the exemption limit be Rs.200000
across the board.
Dearness allowance should be exempted in calculating taxable
income. Dearness allowance is a compensation for rise in prices of essential items
and it always lags behind the increase in cost of living. Not only a person does not get
dearness allowance in proportion to rise in cost of living, he has to pay additional tax
for the insufficient dearness allowance also.
Why should the super rich agriculturists not pay Income Tax ?
A hard working private sector employee earning Rs. 20000 a month in Kerala has to
Pay income tax whereas an agriculturist in
Of Rs. 600000 need not pay any income tax. Tax agricultural income but give a higher
Income-tax exemption limit, say Rs. 300000.
To mobilize resources for welfare schemes, the Finance Minister
Should announce Voluntary Disclosure Scheme to bring back black money from tax
Havens abroad. The Govt. and the individual can share the black money kept abroad on a
50 : 50 basis.
Considering the growing population of Diabetics in
Finance Minister should reduce the prices of life-saving drugs including glucometers,
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