STI NEWS;"F.M: No Return For Income upto Rs 5 lakh from Asst Yr 2011-12"plus 2 more

STI NEWS;"F.M: No Return For Income upto Rs 5 lakh from Asst Yr 2011-12"plus 2 more


F.M: No Return For Income upto Rs 5 lakh from Asst Yr 2011-12

Posted: 24 May 2011 09:09 PM PDT


Finance Minister , Mr Pranab Mukherjee, while addressing conference of chief commissioner of Income Tax  in New Delhi announced that salaried class will get big relief from filing return of income from Assessment Year 2011-12 (FY 2010-11) who have total income below Rs 5 Lakh. He said a notification in this regard shall be issued [...] F.M: No Return For Income upto Rs 5 lakh from Asst Yr 2011-12...

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Eight Simple Ways to Plan your Taxes(salaried Employees)

Posted: 24 May 2011 08:38 PM PDT


You have got only a few more months to complete this financial year. Very soon you will get a call from your company to submit the proofs for tax saving investments. So why don't you spend some time on organising your tax plan? 1)Proper Allocation of Annual compensation Restructuring your salary with some additional components can reduce your tax liability. This restructuring doesn't...

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No Return up to 5 Lakh Salary :Finance Minister

Posted: 24 May 2011 08:31 PM PDT


Finance Minister Inaugurates the 27th Annual Conference of Chief Commissioners and Directors General of Income Tax;Asks Department to prepare itself for Transition from the Income Tax Act 1961 to the Direct Tax Code Bill Regime; Calls it Officers to Strive Hard to Achieve Tax Collection Target of Rs.5.33 Lakh Crores for 2011-12 The Union Finance Minister Shri Pranab Mukherjee said...

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