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i-hate-tax.blogspot.com
Best Income tax saving tips, investment plans and all other Money Matters
Really, I hate Tax!! wanna retain hard earned money? Monday, August 30, 2010 Direct Tax code from 1April, 2012 The Bill seeks to increase tax exemption on income from Rs. 1.6 lakh to Rs. 2 lakh and fix the corporate tax at a flat 30 per cent. As per the Bill, income from Rs. 2-5 lakh will be taxed at 10 per cent; Rs. 5-10 lakh at 20 per cent and 30 per cent thereafter. The changes, when they take effect, will help save up to Rs. 41, 040 for people earning more than Rs. 10 lakh a year. The
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getmoneyrich.com
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