“The hardest thing to understand in the world is the income tax.” – Albert Einstein Well, how can we not agree with Einstein for crying out loud! Income tax is not only a dreaded subject to deal with but tax planning can leave us feeling completely lost....
The Budget for 2014 have come and we present you the Highlights Rates of Income Tax: Basic exemption limit raised to Rs.250000 for an individual and senior citizen are not liable to pay tax on income upto Rs.300000. Slabs rates are as under: A: Slabs (in Rs.)...
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