| User Login Signup Now |
| Forgot Password? |
Income tax exemption limit increased, corporate tax rate unchanged
Finance Minister Pranab Mukherjee Monday proposed to increase the income tax exemption limit for senior citizens by Rs.15,000, for women and others by Rs.10,000 each, while keeping the corporate tax rate unchanged.
The exemption limit will now be Rs.240,000 for senior citizens, Rs.190,000 for women and Rs.160,000 for others.
Last updated on Jul 6th, 2009 at 12:20 pm IST--IANS
Possibly related news:
- Donations to electoral trusts to get tax exemption (July 6)
- Tax structure to be simplified: Mukherjee (July 6)
- Fringe benefit tax abolished (July 6)
- Presumptive tax scope to be extended (July 6)
- Simple tax regime in four years promised (July 6)
Other News Headlines
A prototype of the light combat helicopter (LCH), designed and developed by the state-run Hindustan Aeronautics Ltd (HAL), is set for its maiden flight soon, a top company official said Friday.
The six new medical colleges and two para-medical colleges coming up in Uttar Pradesh would be run under a public-private partnership (PPP) arrangement.
The Chandigarh police Friday conducted surprise raids at various cyber cafes in this union territory and found over a dozen cafes were not keeping proper records of the customers.
Scientists Friday said that the government was in the process of formulating guidelines for regulation of probiotic foods, which have flooded the Indian markets, and the guidelines would be in place by January 2010.
Narmada Bachao Andolan leader Medha Patkar met Railway Minister and Trinamool Congress chief Mamata Banerjee here Friday to convey her opposition to certain provisions of the land acquisition bill that is to be introduced in the winter session of parliament.
Shiv Sainiks attack TV channel offices in Mumbai, Pune; 4 staffers injured (Second Lead)
Aren't shiv sena guys hindus. Aren't they the ones who worship cows and animals and mutated...
Mattoo brings about a truce between Brasa and players
You really know what you are talking about and can explain things really well....
New treatment for hemophilia launched in India
DEAR SIR.,
I SURAJIT PAUL A HIMOPHELIA EFECTED PAISENT WANTS TO KNOW THE NEW HOME BASE TREATEMENT...
Dara Singh’s Son Lands up in Bigg Boss!
sale kamine
Sun TV Network to launch new game show
I am very interested to participate in deala no deala game show in sun tv. pls send me the...
2012: End!! why ?
No offense man, but I think this is bull shit. Some guy somewhere trying to fool everyone. Anyone...
Answer sheet...the Ultimate ones
kuttikal thanne thaaram.......!
oyjo board
[quote=unnikrisb;3771]Why it is necessary to talk with ancestors ?
...[/quote]
[FONT=Lucida Sans...
Appeal
Well said...
People with weak heart don't see..plzzzzz!!!
...
Sixth Lord
this is too good..man............
:D
God & I
[FONT="Arial"]I asked for Strength.........
And God gave me Difficulties to make me strong.
I...
APTITUDE
[QUOTE=Rajesh Kumar;1920]m1*ti=m2*t2
30*9=40*t2
t2=270/40=71/2
ANS :...