14 November 2012
Expenditure toward Health is the main reason and not the one.
As the super senior citizen have already paid too much taxes in their life so Govt decided to collect tax from the person earning above Rs. 5 Lakhs.
Day to Day rise in cost of living is also the main reason.
The ruling Govt always enacts law keeping in view the Revenue and popularity. As the number of Super Senior Person are less so the ruling party think wise to loose some revenue in order to gain much popularity.
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