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Budget 2013: Tax credit of Rs 2,000 for persons with income up to Rs 5 lakh

Giving small relief to taxpayers, Finance Minister P Chidambaram on Thursday announced a tax credit of Rs 2,000 for persons with income up to Rs 500,000. The proposal, he said, will benefit 1.8......

What you must do to save taxes

It's one annual communication from the human resources department that most employees dread. That hard-nosed letter asking whether you have actually made the investments you had 'promised' during......

A balancing act: Some relief for the common man

The inflation baffled aam adami generally expects a lot from the finance minister in the form of tax concessions.But at the same time, the finance minister has a difficult task of managing the......

Personal tax: This is what the common man wants!

The Budget day is generally awaited by the aam aadmi in the hope that the amendments will mean more money for him. As the Budget day approaches, the expectations of the common man soar up. With......

Rich get richer, rest get consolation

The 2009-10 Budget has brought smiles, especially to people in the higher income strata. Finance Minister Pranab Mukherjee on Monday raised the basic exemption limits for all income groups.For men......
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Number of schemes under 80C should be reduced

For software professional Ajay Kumar, 70 per cent of the Rs 1 lakh limit provided under section 80C of the Income Tax (I-T) Act is covered by his... ...

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