RATES OF INCOME-TAX after Budget 2012 presented on 16.03.2012 A. Normal Rates of tax: 1. Where the total income does not exceed Rs. 2,00,000/-. Nil 2. Where the total income exceeds Rs. 2,00,000 but does not exceed Rs. 5,00,000/- 10 per cent of the
1. Do you think that deferment in Direct Tax Code (DTC) is the right move? The Finance Minister himself asserted that the report of Parliamentary committee has just received so the time is needed to study it and then implement the DTC. I th
A brief explanation of insertions of budget wrt finance bill Deduction for Donation not allowed for cash donations in excess of ten thousand rupees Prohibition of cash donations in excess of ten thousand rupees Section 80G of the Income-tax Act pro
Budget 2012-13 HIGHLIGHTS IN DIRET TAX SOME OF IMPORTANT SECTIONS: i. Rates of income-tax For resident Individuals, HUF,AOP, BOI and Including Women assessee (1) Rs. 0/- to Rs. 2,00,000 - Nil Rs. 2,00,001 to Rs. 5,00,000 10% Rs. 5,00,001 to Rs.
Introduction:The Budget for 2012-13 presented by Finance Minister Pranab Mukherjee in the Lok Sabha on 16th March 2012. I would like to list of some key points related to salaried case impl
APPROACH TO THE BUDGET 1. For Indian economy, recovery was interrupted this year due to intensification of debt crises in Euro zone, political turmoil in Middle East, rise in crude oil price and earthquake in Japan. 2. GDP is estimated to grow b
Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13 Amendment t
As rightly said, that it is not title's that honour men, but men that honour titles. Such as are the ones who change the world with their vision. Today we have such a gem with us, who has changed the way of corporate working.
The budget is scheduled to be presented on 16TH the Friday and I expect some of the measures herein after detailed though the big ticket reforms in the form of DTC and GST are kept at bay. DTC (2010) the recommendat
Respected Sir,Congrats! Nation is gearing up for Budget!Its that time of the year when you are preparing next years budget for presentation in parliament. Hopefully this Budget is not just an annual exercise but an effort to
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LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(without recording)
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