| 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
Faced with power shortage in the state, Chief Minister Parkash Singh Badal Saturday urged the central government to allot at least 250 MW of additional power to Punjab during the Rabi (winter) season, officials said.
The government Saturday launched a micro insurance drive in Tamil Nadu aimed at expanding the Rural Postal Life Insurance (PLI) network.
British Prime Minister Gordon Brown Saturday resurrected the idea of the international community imposing a global tax on banks as a repayment for the billions of pounds of taxpayers' money they have received from governments.
Food prices will decline after the rabi crop as production of wheat, rice, pulses, oil seeds and sugarcane during the winter is expected to be higher than in the drought-hit kharif season, union Agriculture Minister Sharad Pawar said Saturday.
Rashtriya Lok Dal (RLD) chief Ajit Singh, who is spearheading a campaign against the central government's sugarcane pricing policy, said Saturday that the Communist Party of India-Marxist (CPI-M) and Samajwadi Party had offered their support to the farmers' cause.
Sun TV Network to launch new game show
How to participate in this deal or no deal game
Zee TV synopsis- Saregamapa Mega challenge
I am nuruzzaman from bangladesh.I like AMIR and AMIRs songs. I will meet him in a day. pls give me...
Zee TV synopsis- Saregamapa Mega challenge
amir hafiz is my favourite singer and i love him very much.
Sun TV Network to launch new game show
the show is very thrilling .i also want to be a part of this game.what is the procedure
Sun TV Network to launch new game show
I Sukanya ,32 years old house wife. I have interest to participate in deal or no deal.plz suggest...
Triple Filter Test
[COLOR=Navy]hey bindu, you are a big source of great stories. And this one i would rate 5 out of 5!...
How Santa Looks in the Mirror
[quote=Rahulr;3597]I'm just curious. Your name is Shalini Singh and you are posting Sardar Jokes???...
Local train journey – first experience
[quote]Once the bus starts moving the driver will apply sudden break once or twice and there will...
Portrait of a friend
[FONT="Arial"]I can't give solutions to all of life's problems, doubts,
or fears. But I can...
Hope
[FONT="Arial"]Humans can live without food for forty days, without water for about three days, and...
crazy Windows
[FONT=Georgia][COLOR=Navy]Not sure if you've seen this...
Scientists develop rice that requires no cooking
[COLOR="Navy"]Nice share Sarkar, thanks............[/COLOR]
Change 1 Letter..
Nail -> Mail
Is rearranging the letters allowed?