highlights of the budget 2012

DIRECT TAX PROPOSALS v     Changes in Tax Slabs : The existing differentiation of Male and Female assessees has been removed. The tax rates for all Individual assessees below 60 years of age for the year 2012-13 is as follows :- Income Level                                             Rate of Tax Upto Rs. Rs. 2,00,000/-                                                Nil Rs. 2,00,001 to Rs. 5,00,000/-                                      […]