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Income Tax Rates/Slabs for Assesment Year 2012-13 (F Y 2011-12)

Income Tax Rates/Slabs for Assesment Year 2012-13 (F Y 2011-12)

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The Indian budgetary system has become more transparent

The Indian budgetary system has become more transparent over the years, with the government providing significant information on the Budget, a survey has said.
According to the Open Budget Survey 2010, released by the International Budget Partnership, India’s open budget index (OBI) score improved from 53 in 2006 to 67 in 2010. The survey is [...]

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No move to shift fiscal year, merge rly and union budgets : finance ministry

The finance ministry denied any plan to change the financial year from April-March to January-December and merge the railway and general budget as reported in a section of the media.
“With reference to a news item appearing in a certain section of the print media, it is clarified that there is no move in the [...]

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Budget India 2010

The Union Budget this year has aimed to focus on inclusive growth. The concerns of common man including Income Tax have gone hand in hand with appreciable measures for improving investment, infrastructure and fiscal consolidation. As the country looks to ‘quickly revert to high GDP growth path’ in the wake of ‘uncertain times’, concerns [...]

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How to Save Your Income Tax

A current survey in India reveals 67 percent of employees received salary hike in the year 2010. Which is beyond expectation. Indian finance ministry declared a new income tax scheme for government and non-government employees. Here is some popular tax saving option for Indian citizens – tax saving bond, funds. Eventually government of India [...]

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ZTE gets nod for telecom gear supply to RCom

After eight months of stalemate, the Government has finally given its approval to Chinese telecom equipment manufacturers for importing gear into the country. The Department of Telecom has given its nod to ZTE for supplying gear to Reliance
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SEBI can probe auditor’s role in Satyam scam: Court

The Bombay High Court on Friday dismissed the writ petition filed by Price Waterhouse challenging the jurisdiction of the Securities and Exchange Board to investigate the audit firm’s role in the multi-crore Satyam accounting
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Nifty volatility index plummets to all-time low

The National Stock Exchange volatility index ended on Friday at 16.74 – the lowest level on closing-day basis since its launch in April
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  • Filing Income Tax Return in India
  • Basics of Income Tax Refund
  • What is the Union Budget?
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  • Direct and Indirect Tax in Union Budget 2011
  • Budget India : Retailers will finalise their course of action against the 10 per cent excise duty
  • Income Tax Calculations For Financial Year 2011-12
  • Union Budget 2011: Highlights of Union Budget 2011
  • Railway Budget 2011 : Highlights of railway budget 2011
  • Finance Minister will present the federal budget on Feb. 28
  • Mamata Banerjee meets Pranab Mukherjee for budget strategy
  • India is considering allowing new private sector banks
  • FM meets RBI chief and financial sector regulators ahead of budget
  • Govt is conscious for infrastructure development : Pranab Mukherjee
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