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53INCOME TAX RATES IN NEW TAX CODE
Ministry of Finance, has released a new DIRECT TAX CODE which will be applicaple in F.Y. 2011-12 and will replace the old act.The features of New direct tax code are:- 1-Tax rates will be uniform. ...
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77New Tax Code: Higher or Lower Taxe Burdens?
With an objective to improve the efficiency and equity of the Indian Tax System by broadening the tax base through minimizing the exemptions, remove the ambiguity in the law and checking the erosion of...
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58Money for nothing and your tax for free
In a time when banks are hungry for new business they will spend a lot of money to acquire new clients. Long gone are the days of bank loyalties and speaking for myself I will go with who ever gives me the...
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63India Budget 2009-10 (Direct Taxes)
India Budget 2009-10 (Direct Taxes): Here is an overview and explanation of India Budget 2009-2010 (Direct Taxes). - Exemption limit in personal income tax raised by Rs.15,000 from Rs.2.25 lakh to Rs.2.40 lakh for senior citizens; by Rs.10,000 from Rs.1.80 lakh to Rs.1.90 lakh for women tax payers; and by Rs.10,000 from Rs.1.50 lakh to Rs.1.60 lakh for all other categories of individual taxpayers. ....
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