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Classroom: Income from Salary, Indian IT Act, 1961
Posted: 08 May 2009 05:00 PM PDT
Indian IT Act, 1961 . Calculation of Income from SALARY.
The below shown calculations will help you to understand the way of computing
income from salary or computing taxable salary.
After the Bell : 08 - 05 - 2009
Posted: 08 May 2009 09:54 AM PDT
A highly under performance show of Indian market in comparison of other Asian
and global peers. Institutional and Traders remained cautions ahead of result
of General Election next week.
Indices opened lower by taking weak clues globally. It opened flat with a loss
of 23.97 points at 12,092.97 mirroring subdued global cues. Later it plays
[...]
US banks need USD 74.6 bn in capital to fill stress gap
Posted: 08 May 2009 02:11 AM PDT
WASHINGTON: US regulators told top banks on Thursday to raise $74.6 bn to build
a capital cushion officials hope will restore faith in financial firms and set
a course out of the deepest recession in decades. Within minutes of release of
the bank "stress test" results, which showed smaller capital needs than once
feared, several [...]
Inflation heads higher 3rd week in row, touched 0.70%
Posted: 08 May 2009 01:46 AM PDT
MUMBAI: India’s benchmark WPI (Wholesale Price Index) index to count Inflation
rose by 13 basis points to stand at 0.70% for the week ended Apr. 25, 2009 as
compared to 0.57% a week ago. The substantial increase in the inflation index
in from last month is mainly due higher prices of food articles. A CNBCTV18
[...]
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