New pension system trust exempted from security transaction tax and dividend distribution tax.
New pension system trust exempted from security transaction tax and dividend distribution tax. more

Govt to introduce Food Security Bill soon
The government today said it will soon introduce a Bill to enact a Food Security law that will provide 25 kg of rice and/or wheat at Rs 3 to each family below the poverty line - a key poll promise of the Congress that heads the ruling coalition. more

Investment linked tax benefits in areas of agriculture and national grid.
Investment linked tax benefits in areas of agriculture and national grid more

Surcharge on personal income tax removed
Ten per cent surcharge on personal income tax removed. more

Raise in IT exemption limit for Women
The FM today proposed to raise by Rs 10,000 the exemption limit for women on income tax. more

Highlihgts of Budget 2009-10
Following are the highlights of Budget 2009-10. more

Personal income tax exemption limit for senior citizens raised
Personal income tax exemption limit for senior citizens raised by Rs 15,000. more

Effort is to improve tax collection
Effort is to improve tax collection by eliminating distortions in tax system and expanding the base. more

Minimum Alternate Tax on book profits increased
Minimum Alternate Tax on book profits increased to 15 per cent from 10 per cent. more

Direct Tax code to be released in 45 days
Direct Tax code to be released in 45 days along with discussion paper. more