It is now commonly agreed among consumers that Finance Minister Arun Jaitley’s second budget is anti-consumer. backing our claim that this budget is also anti-salaried and anti-middle class, anti-small farmers, etc, here’s one consumer body listing out its angst.
The Federation of Consumer and Service Organisations, Tiruchi, has said that the personal income tax slab remained unchanged causing great disappointment to the middle class.
In a statement, its president M. Sekaran said there was no encouraging scheme to increase the income tax net. Only 3 per cent of the population were paying taxes, he said. Read Full Report