Comments on: No tax upto 1.5 lakh

By: ZerO

ZerO — Sat, 01 Mar 2008 18:18:48 +0000

It has no meaning for the Mizos working in Tribal States. Because there is no threshold of exemption for Income Tax. 100% emempted My collegues are taxed (10.3%) at source

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By: benjamin

benjamin — Fri, 29 Feb 2008 19:11:32 +0000

For Salaried guys:

“Your income tax: How it works now”
https://www.rediff.com/money/20.....get116.htm

Tax Calculator:
https://www.ibnlive.com/budget2008/taxcalculator

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By: benjamin

benjamin — Fri, 29 Feb 2008 19:10:30 +0000

Budget effect:

Maruti cuts car prices; Santro, i10 too cheaper
https://www.ibnlive.com/news/ma.....95-25.html

“He also cut duty on hybrid cars to 14 per cent from 24 per cent and on two- and three-wheelers to 16 per cent from 24 per cent.”

Hybrid car pawh lei tur a awm thuai ang chu

“Chidambaram has provided relief to auto manufacturers of hybrid cars by reducing the excise duty on them from 24 per cent to 14 per cent.

These cars are currently not on sale in India, and use a combination of electric motors with gasoline/diesel engines to enhance efficiency and reduce pollution.

Effective April 1, the move paves the way for manufacturers such as Honda Siel, Toyota India and Mahindra & Mahindra to immediately launch their vehicles that were on display at the Auto Expo in January.

These include the Honda Civic hybrid and the Mahindra Scorpio hybri”
https://specials.rediff.com/mon.....rices3.htm

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By: Huiva

Huiva — Fri, 29 Feb 2008 11:18:26 +0000

Hope this new Tax slabs bring down the big rush for Home Loan (which was used for tax exemption) and the soaring of Real Estate value.

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By: Vladimir Putin

Vladimir Putin — Fri, 29 Feb 2008 07:48:10 +0000

Good for me. I would be saving at least Rs. 28,000. That is good money for me. But I suspect that some Ministers and senior officers in Aizawl will laugh about these figures, that is if they read this.

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