Hi Nikita

Thanks for your help to attend budget from my office

New direct tax code in 45 days

Dual GST - Central GST and State GST... GST by April 2010

Thanks for the info.... Gr8 job!! well done...

• Anonymous funds to charitable bodies get some tax relief

• Commodities Transaction Tax to be abolished

• MAT hiked to 15% of book profit

• Fringe Benefit Tax to be scrapped

• Surcharge on personal Income tax slashed by 10%

• Hike in IT exemption for women to Rs 1,90,000

• Hike in IT exemption to Rs 2,40,000 for senior citizens

  and by Rs.10,000 from Rs.1.50 lakh to Rs.1.60 lakh for all

  other categories of individual taxpayers.

10A 10 B not allowed after 2010

No Surcharge on direct taxes

tax slabs pls ?

as per details provided by NIKITA... the tax slabs will be now...

For Women its 190000

For Senior Citizen its 235000

And for rest all its 160000

is der no change for individual basic exemption limit nikita ?

hi nikita,, was senior citizen's last year exemption 230000, coz to my knowledge it was 225000 and after 10000 incremental its 235000

it was 225000 man

For Senior Citizens exemption has been raised by Rs 15,000. Now it will be Rs. 240000.
 

so now it goes to 235000