Month: February 2015

New Income tax slabs for Financial Year 2015-16

DIRECT TAXES
Rates of income-tax in respect of income liable to tax for the Financial year 2015-2016.
In respect of income of all categories of assesses liable to tax for the assessment year 2015-2016, the

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Highlights of Rail Budget 2015

 Toll free number 182 created for security related complaints & 138 for customer complaints ( 24by7 helpline 138 will be effective from 01/03/2015)
Cameras will be provided in selected mainline coaches and ladies compartments for

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Black Money – Generation and avoidation

Black money means to create funds by non payment of income taxes by way of : –
1. filing income tax return by showing low income .
2. Money earned through bribes and corruption by

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Is Second House Property – Create problem in Income Tax?

On 15th of January, 2015 when RBI reduced the Bank Repo Rate by 25 basis point. Banks will also reduce the Interest rate on their housing loan. owing a house is a dream and necessary

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