Indian rupree has got a new look. The Union Cabinet gave green signal to this new master piece on Thursday, which consist both the Devnagiri ‘Ra’ and the Roman capital ‘R’ and has two parallel lines running at the top. The parallel lines symbolise the equal to sign. In the presence of President Manmohan Singh [...]

The new proposed Income Tax 2010 – 2011

proposed income tax rates for ay 10-11

There will be no tax for income up to Rs 2.0

For income between Rs 2.0-5 lakh, the tax liability will be 10% (earlier slab was Rs 1.6 – 3 lakh)

For income between 5 lakh -10 lakh, the tax liability will [...]