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Budget 2010

Budget Terms Simplified

There are lots of terms in budget, which are difficult to understand like what is the meaning and what is the importance in budget. Below are the some important terms, one can understand easily. Budget Estimates: It is an estimation of income and expenses for the year. This is the first step of the government to prepare budget accordingly. Same as we make estimate for the month before taking our salaries. Budget Deficit: As it .....

Changed Threshold Limit of TDS after Budget 2010

Every person is responsible for deduct tax at source on the payment of any specified amount to any person at the specified rates, if it is above the prescribed limit by income tax act. Each section has its own prescribed limit to deduct tax at source (TDS). However, no need to deduct tax at source (TDS) if the amount paid don’t be exceed to prescribed threshold limit by that particular section. So as per finance .....

Download Budget 2010 Files

Download Budget 2010 Speech, Finance Bill 2010, Memorandum/Changes of Service Tax, Direct Taxes, Central Excise Dear Readers, sorry for slow updates, actually my server was clashed because of high traffic on the day of budget 2010. However, I am covering substances of budget 2010 accompanying to direct and indirect taxes. I have previously given highlights of budget 2010 and income tax rates for f.y. 2010-11. In the article of “highlights of budget 2010“, you can .....

Highlights of Budget 2010

The budget 2010 has stated by our honorable fiance minister Mr. Pranab Mukherjeeon Feb 26, 2010. I know you have not enough time to read the full budget 2010, so here we will discuss only about the main highlights of budget 2010. You can also download the full budget 2010′s speech on main website of India budgets. However, it is very important to read the budget because we will do invest and expense or F.Y. .....

Union Budget 2010: New Income Tax Rates for A.Y. 2011-12

The new income tax rates or Income tax slab applicable for F.Y. 2010-11, A.Y. 2011-12 as announced in Budget 2010 . This is very good news for taxpayer to raise the limit of 10% bracket upto 5 Lakh. Most of the people are confused about income tax rates because a lots of amendments have done like direct tax code (DTC Income Tax Rates). So first find for which year you want to file a return .....

Live Budget 2010 Online

The Union Budget 2010 is to be announced today. All news channels are showing the budget 2010 complete coverage. The news channels also translating budget 2010 speech in hindi. But for some reason if you are not able to see on the TV, they have also arranged the web streaming to see Union Budget online. The live web streaming will starts at 11 am today. So here is the some websites of news media to catch .....

Budget 2010: Expectations of Experts

The tax leaders and experts are expecting a lot from Budget 2010. All experts from their own industries have own expectations from Union Budget 2010. Only 5 days left to end of this suspense when budget 2010 will be presented by our honorable Finance Minister. But for the time being it is very useful to listen the expert’s expectations from Union Budget 2010. The budget.moneycontrol.com is doing a decent task to review all directions of .....