For Assessees up to the age of 60 years: Income up to 2.5 lakhs – No tax Income from 2.5 lakhs to 5 lakhs – 10% on income above 2.5 lakhs Income from 5 lakhs to 10 lakhs -Rs.25000 plus 20% on income above 5 lakhs Income above 10 lakhs – Rs. 1,25,000 plus 30% […]Read more "Your Indian Income Tax Slab for A.Y. 2015-16 (F.Y. 2014-15) – Individuals"
In the first part of this article on whether a leader really matters we saw the fortunes of Manchester United in successive years under two different leaders. (Does a leader really matter? – Part I) The second of these events is from the arena of politics. Dr. Manmohan Singh took over as the Prime Minister […]Read more "Does a leader really matter? – Part II"
“A captain is as good as the team” is a commonly quoted line in sports. So the question that keeps popping up is that does a leader actually change anything or is it only about the personnel in the team. Two events in the past two years seem to provide insights into this question. In […]Read more "Does a leader really matter? – Part I"
As we come to the end of 2014, it is that time of the year when people start looking back at the highlights of the year. For India, the undoubted highlight of the year were the General Elections in May. For starters, the whole process of conducting the biggest general elections ever was massive and […]Read more "Is 2014 the seminal moment of the Indian Politics?"
Those who have reached maximum of their tax saving on their own can rely upon their family for further tax savings. Use your parents and parents-in-law’s low taxation rates in saving income tax in legitimate way. We can do this by giving away portion of our funds to parents or parent- in-laws as a gift […]Read more "Save Income Tax through parents!"
Make In India sounds great and appeals to our patriotic feelings, but are we really ready for Prime Minister’s invitation to the world to come Make in India. First of all we need to understand that this slogan has many aspects to it. The first and foremost aspect of this is the Red Tape in our […]Read more "Are we ready for “Make In India”?"
Team Japan did not make a big splash at the FIFA World Cup 2014, but their fans Blue Samurai captured the imaginations of world over. For those of us who are still not familiar with Blue Samurai, these are the fans of the Japanese football team. Whenever and Wherever Japan plays, these fans go to support […]Read more "Sports and Swach Bharat campaign!!"