NEW TAX CODE 2011

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Tax for income over Rs. 10 lakh: 30% The limit for exemptions for salaried people is Rs. 2 lakh, while that for senior citizens is Rs. 2.5 lakh. orporate tax has been kept at 30%. The new Code comes into effect from April, 2011. ...
Direct Tax Code 2011 India | Direct Tax Code Highlights Corporate Individual. Personal Income Tax Rates. The New Direct Tax Code talks of substantial increase in the tax slabs for an individual tax assessee. ...
orporate tax has been kept at 30%. The new Code comes into effect from April, 2011. After the approval of the Cabinet, the decks are cleared for tabling the legislation in the Monsoon Session of Parliament so that the new Act ushering ...

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