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February 28, 2005


Himanshu Agrawal

Dear Finance Minister,
Don't you think that teh Government/semi government/PSU employees are taxed heavily at the present rate of income tax as they do not have any spoke for hiding their incomes.
Businessmen are allowed to deduct their expenses related to the business while as service class persons do not have such opportunity.Even the standard deduction allowed earlier has been withdrawn,which should be reintroduced.
A flat rate of tax say 15% can be levied to the service class on their income.Encashment of earned leave,a facility provided by some employers during the service life shoul be kept out of tax net because an employee looses his credit for the earned leaves in lieu of encashment.
Please examine the same.
Thank YOu.

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