Posted on 26 February 2010 by Jyoti Singh
On Friday the finance minister Pranab Mukherjee revised the tax slab of the budget 2010 to give relief to middle class citizens.
“The plan to cut the income tax slab will be 60% beneficial for all tax payers,” finance minister said and he wants to hike the MAT (min alternate tax) to 18% of book profits from the current 15%.
Read more on New Tax Slabs for 2010-11: Union Budget India 2010…
Posted on 26 February 2010 by Jyoti Singh
Pranab Mukherjee made changes to tax slabs. Today it is announced by Pranab Mukherjee that corporate tax payers and individuals will be given substantial benefit by making changes in tax structure. In a major Rs 26,000 crore bonanza,
Read more on Budget 2010 : Changes in Tax Structure to Give Relief to Taxpayers…
Posted on 26 February 2010 by Siddhi Sharma
Presenting the budget 2010 for India, Pranab Mukherjee had to balance the fiscal deficit without jeopardizing growth.
The stimulus in the union budget being a dent in the government’s accounts, it was always argued that it should be removed in a phased manner. Economic Advisory Council’s report advised that an allocation of 1.5% in the union budget was safe.
