Sponsored by
Sponsored by
The salaried class like any other individual tax payer will benefit a lot.
S L Narayanan | CFO, Symphony Services answers Budget-related queries on IT and outsourcing.
Double taxation happens when two countries simultaneously exercise their right to tax a particular income.
Banking sector is a surrogate for general economic growth and should do well if the economy continues to grow at 8-9 %.
The govt may encourage easier access to loan for education by simplifying procedures but rebates seem unlikely.
As per the NASSCOM-McKinsey study, IT and ITES are projected to grow rapidly in the next 2 years.
The BPO industry in India is seen as an extension of IT services industry from fiscal support perspective.
The FBT is a complex law that adds significantly to the cost of doing business and needs to be scrapped.
The economy can grow at a sustained 9% plus if the focus is on building people and strengthening rural economy..
Salaried class people may see a rise in basic exemption limit and in the deduction under Section 80C.
With almost 60 pc of GDP coming from service tax, the FM has no option but to widen the tax base to services.
With elections around the corner, the FM will play it safe this Budget.
Here are the simplified Budget jargon for youread
Here's a list of the Frequently Asked Questions related to Budget.read
A compilation of some quaint facts related to this annual exercise.read
C.D. Deshmukh was the first Indian Governor of RBI to have presented the Interim Budget in 1951-52.read
