16 March 2012

Budget 2012: New tax slabs announced


Finance Minister Pranab Mukherjee announced new tax slabs in his budget speech on Friday.
The new tax slabs are:
*Up to 2 lakh rupees - NIL
*2 lakh - 5 lakh rupees - 10%
*5 lakh - 10 lakh rupees - 20%
*Above 10 lakh rupees - 30%
Mukherjee also said there will no change in corporate tax rates.

No comments:

Custom Search
Get