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• Budget 2009 – What it means for you?

  Now that the dust has settled down, let’s look at what the Budget 2009 means to you and me as tax payers. The tax slabs for the basic exemption limits has been increased as follows: Senior Citizens – Income upto Rs.240,000 exmpt from tax (earlier limit... Posted Aug 29 2009, 07:20 AM by Yogi with | with 1 comment(s) Filed under: shares, income, gift, Fringe Benefit Tax, allowances, immovable property, effective maximum marginal tax rate, Section 80DD, Section 80E, sculpture, movable property, SARAL2, tax payer, perquisites, non-relatives, higher income segment, budget 2009, tax slabs, wealth tax, Section 208, recipient, archaeological collection, vocational studies, maintenance, reimbursements, jewellery, AY 2010-2011, surcharge, Advance Tax, paintings, art work, securities, exemption limit, FBT, Senior citizen, medical treatment, disabled dependent, education loans