The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census of enumeration.

— The Sixteenth Amendment



Income Tax Slabs Links


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Income Tax Slabs News

Govt plans to link tax with inflation rate - Economic Times


Govt plans to link tax with inflation rate
Economic Times, India - Oct 4, 2008
... linking tax slabs with inflation rate. The concept is not new. In the US, the personal exemption amount, standard deduction, federal income-tax brackets ...

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That taxing question - The Nelson Mail


That taxing question
The Nelson Mail, New Zealand - Oct 9, 2008
We don't know precisely what the changes involved, although they certainly meant that higher-income earners didn't do as well as National had hoped. ...

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JPMorgan blamed for Lehman fall - Chandigarh Tribune


JPMorgan blamed for Lehman fall
Chandigarh Tribune, India - Oct 5, 2008
A. Section 115BB of the Income-tax Act 1961 (the Act) provides that gross winnings from lotteries, crossword puzzles, races, including horse races (other ...

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Income Tax Relief on 6th Pay Commission Arrears - Khabrein.info


Income Tax Relief on 6th Pay Commission Arrears
Khabrein.info, India - Sep 13, 2008
... a big chunk of what employees will get will be taken back in terms of Income Tax. Even the group C employees are bracketed in 30% slab due to arrears. ...

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Net direct tax collections up 25.5% in Sept - TopNews


TopNews

Net direct tax collections up 25.5% in Sept
TopNews, India - Oct 8, 2008
A CBDT official said that the collection growth is lower due to rationalization in income slabs and hike in exemption limits for individual category ...

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Non - Resident Investments - Myiris.com


Non - Resident Investments
Myiris.com, India - Oct 3, 2008
Individuals will now not have to pay any tax on income up to Rs 1.5 lakh. The new tax slabs will result in tax saving of around Rs 45000 for individuals ...

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