10% tax on income between Rs1.6 lacs to 5 lacs
20% tax on income between Rs5 lacs to 8 lacs
30% tax on income above Rs 8 lacs
Minimum Alternate tax hiked to 18%
CA Dhiraj Ramchandani (CA, M. com) (10823 Points)
26 February 201010% tax on income between Rs1.6 lacs to 5 lacs
20% tax on income between Rs5 lacs to 8 lacs
30% tax on income above Rs 8 lacs
Minimum Alternate tax hiked to 18%
Aisha
(Finance Professional)
(8099 Points)
Replied 26 February 2010
Audit limit increased from 40 to 60 lac
for professional increased to 15 lac from 10 lac
v.durga rao
(ARTICLED ASSISTANT)
(38 Points)
Replied 26 February 2010
may i know from which date the new excise rate will be applicable?
rangaswamy .d.r
(articleship)
(35 Points)
Replied 26 February 2010
Miss durga rao ... i think new excise rate will be applicable from april 1st 2010 on wards
Ameet
(L)
(1678 Points)
Replied 26 February 2010
Ranjana Hegde
(CA , CS)
(25 Points)
Replied 26 February 2010
Ranjana Hegde
(CA , CS)
(25 Points)
Replied 26 February 2010
Will be applicable from A Y 2011-12
Ranjana Hegde
(CA , CS)
(25 Points)
Replied 26 February 2010
GOPAL GOENKA
(STUDENT)
(23 Points)
Replied 26 February 2010
gud to c a student providing an answer to a CA .....
wel dn Ranjana.....
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 26 February 2010
Guys, the budget is declared now, so all the amendments in it wil be applicable for
FY 2010-11
AY 2011-12
Ranjana Hegde
(CA , CS)
(25 Points)
Replied 26 February 2010
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 26 February 2010
Guys, thanx for ur support over this topic...
Come on this forum also..
Pramod Kalantri
(Assisiant Manager)
(235 Points)
Replied 26 February 2010
Exicse 8% raised to 10% please provide effective date urgent