Refix tax for fixed income group

Refix tax for fixed income group

The income tax rates proposed for individuals in the budget is unrealistic and irrational considering the increasing living cost. In these days of hardship, the main victims of this irrationally high income tax will be the fixed income groups (mainly whose incomes are just their salary) who, unlike the wealthy, cannot evade tax, as their income tax is deducted at source. Therefore, the government should refix the personal income tax rates of honest taxpayers with limited income, thus encouraging people to pay tax voluntarily.
K. Gyasuddin
Dhanmondi, Dhaka