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Friends this is a chance to discuss the budget here itself...
Please post whatever new u get....
direct tax code and GST to be implemented by 1st april 2011
new tax slab : nil tax till 1.6 lac , 10% till 5 lac , 20% till 8 lac , 30% above tat
Aisha, r u sure about the tax slab u gave???????
Interest subvention of 2% to be extended for handicrafts and SMEs
thanks for the information
Corporate tax surcharge down from 10 to 7.5%
Rs 20,000 additional tax break for infra bonds
MAT increased from 15percent to 18 percent.
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