The new income tax rates/slabs in India have been announced by Finance Minister Pranab Mukherjee for the finance year 2010-11. There is huge sigh of relief for the common man by broadening the income tax slab compared to previous years. Below are the income tax rates applicable for the financial year 2010-11 (Assessment year 2011-12): [...]
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Income tax is a tax paid to the government on personal income by an individual or a firm within financial year. Filing of Income Tax Return can be a tiresome and tedious task for few people and so most of us end up putting it off till the eleventh hour. However, rules have become simplified [...]
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