New Tax Slabs from 2011 and Direct Taxes Code revised – the Good, the Bad and the Ugly
By Manoj Govindassamy at 16 June, 2010, 2:36 pm
..revision done to the existing income tax act. This 35 page revision done to the existing direct tax codes … PPF, GPF, EPF.. Bigger take home salary – the all new Tax Slab for modern India 2010 budget proposed a change in the tax slabs and which was considered to be good compared to the older, outdated and stringent ones….As the long term capital gains on Equities, Mutual Funds are going to be taxed, investors sentiments could breakdown leading to some Black Fridays and Maniac Monday in our stock market…New Tax Slabs from 2011 and Direct Taxes Code revised – the Good, the Bad and the Ugly..
Read More >>Budget 2010 hikes prices of Consumer & Electronic items
By Muruganandham Krishnan at 28 February, 2010, 12:20 am
Union Budget 2010-11 has increased the excise duty due to which the Consumer items and Electronic items are to be price hiked. The excise duty has been increased to 10%. Car manufacturers like Maruthi, Hyundai, Honda have already announced that there could be a rise of upto Rs.41,000 in the car prices right away. In [...]
Read More >>Budget 2010 – New Tax Slabs : A boon for the tax-payers
By Poonam Singhal at 26 February, 2010, 4:48 pm
UPDATE: New Tax Slabs from 2011 and Revisions to Direct Tax Codes announced – the Good, the Bad and the Ugly The new tax slabs for Financial year 2010-11 announced by our Finance Minister, Pranab Mukherjee, has come as a boon to the honest tax payers of our country. Where the basic tax exemption limit [...]
Read More >>Indian Budget 2010-2011 : My views …
By Muruganandham Krishnan at 26 February, 2010, 10:32 am
The Union Budget is presented each year on the last working day of February by the Finance Minister of India in Parliament. Finance Minister of India, Pranab Mukherjee will be announcing his second Interim Budget 2010-2011 on Feb 26th 2010 which will be very important for the nation to survive in the times of global [...]
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