Budget Highlights, Union Budget 11-12 (Budget 2011 Income Tax) - These are the mentioned highlights: TAXES: No change in CENVAT rates. The excise duty standard rate is held at 10%. For individual tax payers, the income tax for personal income has been raised from Rs.1,60,000 to Rs.1,80,000
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Highlights of Union Budget 2011-12
The time for the Budget sessions is already in and Finance Minister Mr. Pranab Mukherjee presented the budget for the coming financial year that will begin from April onwards to the Parliament of India.
Below are the mentioned highlights:Read more at www.yreach.com
TAXES:
No change in CENVAT rates. The excise duty standard rate is held at 10%
For individual tax payers, the income tax for personal income has been raised from Rs. 1, 60, 000 to Rs. 1, 80, 000
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