Should tax rates be cut? Tell us

These are taxing times for India . Rising prices and high interest rates are making life miserable for ordinary citize .Salary hikes make no se e as even basic commodities become unaffordable. Even the prices of vegetables and groceries are rising alarmingly.?To add to the woes is the tax burden on salaries. Currently, income up to Rs 1 lakh (Rs 1.35 lakh, in case of women and Rs 1.85 lakh in case of senior citize ) is exempt from tax in case of individuals.Do you think the tax exemption limits should be raised? Or should income tax rates be reduced??What would be your suggestio  on income tax sla ? [b]Tell us [/b]your views.