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Friday, March 2, 2007

Age and Sex Tax Discrimination in India

Personal income tax rates in Inida ranges from 10% to 30% with the following interesting personal exemptions, by sex and age:

Men 110,000 rupees (about $2,500)

Women 145,000 rupees (about $3,300)

Senior Citizens 195,000 rupees (about $4,300)

Like being able to use the women's tees for golf, I guess there would also be a tax advantage for a man having a sex change operation in India! Carpe Diem from Bangalore!

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