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Slabs 1 \| 2 \| 3 \| 4 Next >> Budget: A shift towards simpler tax regime 2009-07-08 09:30:15 The Budget has been presented in the backdrop of a sharp economic downturn, with businesses adversely affected. The corporate sector was, therefore, avidly looking forward to some reassurance from the Abolition of FBT to benefit aviation sector 2009-07-08 07:51:25 The domestic airline industry has welcomed the Budget doing away with the Fringe Benefit Tax (FBT). Airlines had to pay FBT on a variety of expenditures, including hotels booked for crew to No roll back of tax cuts: FM 2009-07-07 18:10:00 The Government today assured industry that it will not roll back the tax cuts announced in the stimulus packages and its high market borrowings of around Rs 4 lakh crore will not dry up resources Income-tax sops: How much money you gain 2009-07-07 09:13:03 Basic exemption for individual tax payers was increased by Rs 10,000 for general tax payers and women and Rs 15,000 for senior citizens (i.e. 65 years and above) by the finance minister on Monday. 'More income in the hands of people' 2009-07-07 08:54:47 The SBI Chairman, O.P. Bhatt, said the Union Budget has been framed in the backdrop of recessionary tendencies in the global economy and slowing down of growth within the country. This Budget Transfer pricing disputes to be solved within tax dept 2009-07-06 18:07:14 The government proposed creating a mechanism to address disputes arising in taxing subsidiaries of foreign companies. "I therefore, propose to create an alternative dispute resolution mechanism Personal income tax slabs limit increased 2009-07-06 15:12:20 Basic exemption for individual tax payers was increased by Rs 10,000 for general tax payers and women and Rs 15,000 for senior citizens (i.e. 65 years and above) by the finance minister on Monday. Budget disappointing: Tax expert 2009-07-06 13:34:26 The budget has proved to be a letdown for the corporate sector and has not been very encouraging in view of the current economic scenario, according to noted city-based corporate tax consultant Govt scraps CTT; commodity bourses hail move 2009-07-06 13:14:25 The government today abolished the Commodity Transaction Tax (CTT) that was announced in the Budget last year, but was yet to be implemented and the commodity exchanges rejoiced the decision. Tax sops, more funds for welfare, infrastructure in budget 2009-07-06 13:01:21 Promising to halve poverty by 2014 and add 12 million jobs each year, Finance Minister Pranab Mukherjee presented India's budget for this fiscal that hikes income tax exemption limit and steps up 1 \| 2 \| 3 \| 4 Next >>