Tag Archives: Budget

HIGHLIGHTS OF UNION BUDGET – 2011-12

The basic exemption limit in the case of individuals increased from Rs.1.60 lacs to Rs.1.80 lacs. However, there is no increase in basic exemption limit in the case of Resident Women who is below 60 years at any time during … Continue reading

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Delhi VAT Budget 2010 Proposals

Ca. Vinay Bhushan VAT rates of various commodities in Delhi, which are less than the rates suggested by the Empowered Committee of State Finance Ministers, are termed as deviations. A number of deviations have been done in the past. On … Continue reading

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Budget-2010- Direct Tax Proposals

TAX PROPOSALS: The Centralized Processing Centre at Bengaluru is now fully functional and is processing around 20,000 returns daily. Two more Centres will also be established during the year. The Income Tax department has introduced “Sevottam”, a pilot project at … Continue reading

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