The government is attacking the monthly salaried class. The government broke the mountain of taxes on the salaried class. Those earning a monthly salary of up to Rs 75,000 had to pay tax up to Rs 8. Now it will be increased to Rs 625. The first eight rupees on one lakh salaried, now will be 1250 rupees monthly tax. One lakh twenty five thousand will be taxed at Rs. 4375. Those with a salary of Rs 1.5 lakh will be taxed at Rs 2,500, now at Rs 7,500.
Similarly, the higher the salary, the higher the tax. As the tax on four lakh income will be increased from Rs 30,600 to Rs 58,750. Five lakh monthly takers will pay Rs 83,750 in taxes. Seven lakh salaried class people will pay over one lakh forty eight thousand taxes every month.