Monday, May 4, 2015

Tax Burden on the husband

Tax Burden on the husband

Justice TNC Rangarajan points out how in Section 64 of IT Act investment in the name of the wife gets added to husband's income and is taxed at highest slab. This anomaly has to be removed.
Incidentally you may notice that this letter to MONEYLIFE has been judged as best! Let us congratulate him. Trust FM is listening.


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