Wednesday, July 23, 2014

Personal Income Tax Slab & Benefits:Budget 2014-15

Budget 2014-2015: Taxpayers have some reason to smile…  The following is the gist of most important announcements presented by the Finance Minister Mr. Arun Jaitley in his maiden Budget speech on Thursday 10th Jul 2014:  # Tax Rate is not changed compared to last budget 2013-14 (i.e., 0% as minimum, 10%,20% and 30% as maximum slab rate is maintained) # Personal...

Friday, July 11, 2014

What's gone up and down: Union Budget 2014-2015

The Finance Minister of India, Arun Jaitley presented his maiden Union Budget 2014-2015 on Thursday 10th Jul 2014. Following is a brief list which will display which product/item gets costlier or cheaper (what goes up and what goes down) according to current tax proposals at budget 2014-2015: What goes up (Achche Din)  # Cigarettes / Ciga...