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Posts Tagged ‘budget 2011’

Income Tax Rates for 2011-2012 & Financial Calculator

TweetShareIncome Tax Calculator Below is the income tax calculator for the year 2011-2012 based on the proposed budget passed by Mr Pranab Mukherjee. As per the new rule, it is also not required to file your tax returns for someone earning less than 5 lacs in a financial year. Attached here is the financial calculator which can be leveraged for calculating their tax returns for the year 2011-2012. Click below to download the financial calculator Income-Tax-Calculator-2011-12 Following are the Income... 

Key Features of Budget 2011-2012

TweetShareKey Features of Budget 2011-2012 OPPORTUNITIES • „ Swift and broad based growth in 2010-11 has put the economy back to its pre-crisis growth trajectory. Fiscal consolidation has been impressive. • „ Significant progress in critical institutional reforms that would set the pace for double-digit growth in the near future. • „ Dynamism in the rural economy due to scaled up flow of resources to the rural areas. CHALLENGES • „ Structural concerns on inflation management to be addressed... 

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