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Personal taxation - Important notes

Personal taxation - Important notes

  • Tax slabs
    -Upto Rs 1 Lakh - Nil
    -From Rs 1 Lakh - Rs 1.5 Lakh - 10%
    -From Rs 1.5 Lakh - Rs 2.5 Lakh - 20%
    -From Rs 2.5 Lakh and above - 30%
  • Surcharge of 10% for income above Rs 10 Lakh
  • No surcharge for income below Rs 10 Lakh
  • 2% Cess on total tax
  • Women tax payers have basic slab at Rs 1.35 Lakhs
  • Senior citizen tax payers have basic slab at Rs 1.85 Lakhs
  • No standard deduction
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Stock market investing has to be done with confidence and deep knowledge
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Options
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Do's and Dont's
Use common sense to make some good money from stocks
Personal Taxation
Plan your tax. make wise moves to save tax
Small Cap Stocks
Bombay stock exchange give tremendous investment opportunities with very small market capital
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