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Article Details ::
Article Name :
TREND IN PERSONAL INCOME TAX IN INDIA (1997-98 TO 2015-16)
Author Name :
Mahesh Khicher
Publisher :
Ashok Yakkaldevi
Article Series No. :
ROR-2344
Article :
Author Profile
Abstract :
Seventh Pay Commission is about to be implemented very soon for central government employees which will increase their incomes substantially. The benefits of this commission will be given from January 1, 2016. With the pay commission people were also expecting some relief in income tax but unfortunately there was no change in income tax structure. With this fact the benefits will not remain same as were expected from recommendations for Seventh Pay Commission and this makes it an important topic for discussion.
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