Last year, salaried taxpayers did not have much to cheer about with the govt introducing standard deduction. The largest number of taxpayers in India are at the lowest slab. But while the numbers may be large, the revenue generated from this category is relatively small. So, though a tweak would lead to revenue loss, it may not be such a big blow.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2S0qvJx
