Indian Budget 2005-06 - Spare the middle-class!

This petition was published by Chandrasekar on Feb 09, 2005

Considering the fact that ...
1. the urban individual income tax payer is already squeezed, ...
2 Kelkar's welcome recommendation on tax code simplification has projected a revenue neutral position without considering enhanced revenue due improved compliance, ...
3. proposed GST on increased list of items & higher rate of 12-20% will further burden the middle-class..

We request you to revise the 4 lakh-20% tax slab to 5 lakhs & reduce the maximum tax rate to 30% from 35%, for the Individual Income Tax.

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