Yashwant Sinha wants Income Tax Exemption Limit to be Enhanced

By Vijay Kumar

FORMER Finance Minister and present Chairman of the Standing Committee on Finance, Yashwant Sinha wants the FM to raise the income tax exemption limit to Rs. 2 Lakhs. Sinha wants the FM to introduce some parts of the proposed DTC in this budget. Though DTC is with the Committee, Sinha wants the FM to introduce some of the more acceptable non controversial provision of DTC , in the current budget.

On Income Tax exemptions, the BJP leaders are very liberal - when they are in the opposition!