Madras High Court: Poor earning less than Rs 8 lakh, then why income tax on Rs 2.5 lakh? Madras court notice to central government

Madras High Court: Madras The High Court has issued a notice to the Central Government. It has been said in the petition filed in the court that while (799,999) people with income less than Rs 8 lakh are in EWS. So people with income above Rs 2.5 lakh Income tax Why give? The Madras High […]
 


Madras High Court: Poor earning less than Rs 8 lakh, then why income tax on Rs 2.5 lakh?  Madras court notice to central government

Madras High Court: Madras The High Court has issued a notice to the Central Government. It has been said in the petition filed in the court that while (799,999) people with income less than Rs 8 lakh are in EWS. So people with income above Rs 2.5 lakh Income tax Why give? The Madras High Court has sought an answer from the Central Government. Justice R. A bench of Justice Mahadevan and Justice Satya Narayan Prasad on Monday ordered the central government to issue notice. Also, the hearing of this case was postponed for 4 weeks.

Relief for middle class Indians?

Middle-class Indians who have been supporting themselves and their families on an annual income of up to 8 lakhs are now looking forward to some relief. Because the bench of Madras High Court has sought response from the Central Government on the petition filed in this regard. Recently, the Supreme Court had upheld the decision of the Central Government on EWS reservation. Those whose annual income is up to Rs 7,99,999 in this reservation. Such unreserved class people will be given the benefit of reservation as economically backward. For this, 103rd amendment has been made in the constitution. Such constitutional amendment decisions of the government have been challenged in the court. In this case too, an organization named Janhit Abhiyan had challenged. After much consideration, the court had accepted that this EWS reservation system was correct.

Next hearing on income tax ceiling is after four weeks

Now the Madurai Bench of the Madras High Court has asked the government that if this limit is correct, then the basic income of Rs 2.5 lakh has been considered as annual income for the purpose of income tax. Why is there such a provision in the Income Tax Act? A bench of Justice R Mahadevan and Justice Satyanarayan Prasad issued this notice to the Central Government on Monday. Apart from the Union Ministry of Law and Justice, he has also sought answers from the Finance Ministry. The next hearing will be in four weeks.

Madras High Court: Poor earning less than Rs 8 lakh, then why income tax on Rs 2.5 lakh? Madras court notice to central government