: For Finance Professionals & Students

Monthly Archives: February 2015


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 rates of income tax have been specified in Part I of the First Schedule to the Bill. These are the same as those laid down in Part III of the First Schedule to the Finance (No.2) Act, 2014, for the purposes of computation of “advance tax”, deduction of tax at source from “Salaries” and charging of tax payable in certain cases.

 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 safety of women’s

Speedier Railway 9 hi speed corridors, high speed trains.

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