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THE Finance Minister, in today’s budget speech, announced marginal tax benefits for individual tax payers. He increased the basic exemption limit for male taxpayers and female taxpayers by Rs 10,000 and that of senior citizens by Rs 15,000. Further, he abolished the surcharge of 10% on income over Rs 10 lakh. The new tax slabs [...]

Introduction In this article I will be writing about the some important points to consider while filing the tax returns. The last date for filing the Tax Returns is 31st July,2011. So, please don’t rush in the last minutes. This article will add few points while filing the income tax returns. If you have any [...]