Budget 2010 income tax relief for individuals
FINANCE MINISTER Pranab Mukherjee on Friday announced revised tax slabs for individual tax payers to provide some relief to people suffering from soaring inflation.
FINANCE MINISTER Pranab Mukherjee on Friday announced revised tax slabs for individual tax payers to provide some relief to people suffering from soaring inflation, which is the highlight of union budget 2010.
Revised income Tax Slab as proposed by the Finance Minister in the union budget 2010:
Income upto Rs 1.6 lakh Nil Income above Rs 1.6 lakh and upto Rs. 5 10 per cent lakh Income above Rs. 5 lakh and upto Rs. 8 20 per cent lakh Income above Rs. 8 lakh 30 per cent Another highlight of the Budget 2010 income tax rebate is contributions to the Central Government Health Scheme have also been allowed as deductions within the overall ceiling for tax rebate, besides contributions to health insurance schemes which are currently allowed as deductions under the Income Tax Act.
 | Previous Post |
FOR BELOW 3 LAKHS SALARY THERE IS BENIFIT, IT SHOULD GIVE TAX BENIFIT FOR WHO IS GETTING THE LESS SALARY NOT FOR WHO IS EARNING THE MORE
welcomestep
good budget,above expectations.
pl. d-link provident fund from DTC,since its a necessity for survival and is an alternative to pension scheme ,it should not taxed at any stage.
Login
 Login through Social ID
|
Not finding what you are looking for? Search here.
