Pages tagged with Budget 2012

It is curious that in a revenue-starved country like India, while all sorts of services are unfailingly taxed, betting and gambling enjoy steadfast exemption. Perhaps the time has come to change the rule. Before Mr Pranab Mukherjee demitted the finance minister’s office, he ensured...

This article will provide the reader with the key highlights of the recently presented budget. The key highlights provided are only from a direct tax perspective and only that are applicable to individuals. Thus, only personal income tax that are most important are highlighted in th...