Ashish Munot
4 years 9 months ago
The salaried people need to be considered and given more benefits as they are the most tax payers and have no way of saving like businessmen as whatever salary they get is already TAXED. Salaried people if given more benefits like increase the standard deduction, increase of the homeloan interest deduction (can you get a house with interest on loan up to 2 lacs per year in Indian cities like Pune etc. Not at all possible when home prices are more than 50 lacs), give benefits like depreciation on vehicles, furniture etc. This will also boost the economy because this is the only class which spends white money and hence they will also ask for receipts which will inturn increase the revenue for IT dept.
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