Budget 2013-14: What salaried class expects
Raising Income tax exemption limit
The slab of tax free income has not moved up in line with real inflation. The current basic exemption limit of Rs two lakh should be increased to at least Rs three lakh with the limit for women going up to Rs 3.5 lakh. This will increase the purchasing power of individuals and stimulate demand.
Reema Sharma/Ajeet Kumar
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