simpleincometax
Blog of Taxman for Taxmen !
Monday, February 28, 2011
Income Tax Rate for the F.Y. 2011-12
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The Income Tax Rates applicable for the financial year 2011-12 (Assessment year 2012-13) have been revised. The following is the N...
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CBDT to examine the proposal of exemption of filing return for salaried taxpayer
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CBDT to establish more CPCs, including one in Kolkata. The Income Tax department is open to examining a proposal to exempt them from the an...
Union Budget 2011: Income tax exemption limit raised to Rs 1.8 lakh
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Finance Minister Pranab Mukherjee on Monday proposed to raise the income tax exemption limit for general tax payers to Rs 1.80 lakh per annu...
Saturday, February 26, 2011
Coins in Denomination of Rs. 150 and Rs. 5 to Commemorate Completion of 150 Years of Income Tax
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Union Finance Minister Shri Pranab Mukherjee said that direct taxes are now the major resource provider to the Central Government for under...
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Friday, February 25, 2011
Survey suggests to raise income tax exemption limit to Rs 3 lakh
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he government must increase the personal income tax exemption limit to at least Rs 3 lakh from Rs 1.6 lakh at present in the upcoming Budget...
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