IBNLive.com: Breaking news from India

 



Hike in I-T exemption limit of not much help

Items that were taxable as FBT will now be subjected to perk tax.

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Taxes and you: Proposed changes in Budget 2009-10

The Finance Minister has scrapped a tax on commodity transactions.

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Watch: Dalal Street reacts to the Budget

Stockbrokers on Monday expressed disappointment over the Budget.

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Direct Taxes Code to simplify tax structure: Pranab Mukherjee

Direct Taxes Code Bill will be introduced in the Lok Sabha soon.

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Bankers welcome Budget, hail taxation proposal

Bankers say there will be more money in the hands of the common man.

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Minimum Rs 30 lakh needed to be called wealthy

UPA has doubled the threshold for calling a person or entity wealthy.

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Life saving drugs, LCDs cheaper; Set-top-box costlier

Select life saving drugs, LCDs, mobile phones have become cheaper.

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Budget 2009: Duties on life-saving drugs reduced

UPA reduced basic customs duty on influenza vaccine and other life-saving drugs.

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Commodity Transaction Tax scrapped

Commodity markets hailed the move to roll back Commodity Transaction Tax.

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