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July, 2009

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Income Tax limit raised by Rs 10,000

Finance Minister Pranab Mukherjee on Monday presented a Budget that affirmed the Government’s commitment to social welfare programmes and set a growth target of nine per cent for the economy. Mukherjee on Monday proposed to increase the income tax exemption limit... (Continue reading)

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Indian Union Budget 2009

Indian Union Budget 2009 To raise general taxation exemption limit by Rs 10,000 No changes in corporate tax Personal Income Tax exemption for senior citizens raised by Rs 15,000 To introduce GST by 1 April 2010 GST will be dual in nature, state and... (Continue reading)

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