slab rate tht exempt b/w male n female is only of 10000 . i.e. 180000 4 male n 190000 4 female . which saves only 1000 on tax liability of Rs.1500000 . why this minor relief is paid ? is it only formality or something else ?


Admin’s Response:

This is the decision as per the Finance Act every year. You may send your representation to the Ministry of Finance, Govt. of India (http://finmin.nic.in/).