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Change in income tax slab, Income Tax |
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Change in income tax slab |
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Govt. anoounced recently change in Income tax Slab. whether the same has been applicable from 2010-11 or 2011-12.
Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Income tax rates are prescribed by the first schedule to the Finance Act. The rates specified in Finance Act 2010 would be applicable from the FY 2010-11 i.e. assessment year 2011-12.
Income tax slab rates specified and announced recently in The Finance Act, 2010 by the government are applicable for the previous year 2010-11 and assessment year 2011-12.
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