§ MR. EMMOTT (Oldham)I beg to ask the Secretary of State for India whether he can state approximately the amount of income tax collected in India from incomes between Rs. 500 and Rs. 1,000; and whether he has considered the advisability of raising the limit of income liable to income tax to Rs. 1,000 as soon as the finances of India permit.
§ *LORD G. HAMILTONThe amount of income tax collected in India from incomes between Rs. 500 and Rs. 1,000 is approximately 36 lacs out of a total of 193 lacs. As at present advised I am not disposed to raise the existing exemptions. Any changes in this or any other form of taxation must be governed by the future condition of Indian finance.