---------- Forwarded message ----------
From: Syam T <[email protected]>
Date: Fri, Feb 26, 2010 at 9:13 PM
Subject: WHAT A BUDGET FOR COMMON MAN!!!


*Male individual tax payers:*


*New tax slabs:*



    Slabs (Rs) Rate  0 - 160000 0  160001 - 500000 10  500001 - 800000
20  800001
and above 30



 *Old tax slabs:*



    Slabs (Rs) Rate  0 - 160000 0  160001 - 300000 10  300001 - 500000
20  500001
and above 30



  *Impact:*




     Taxable income (Rs) Tax -before budget Tax after budget Saving  (Rs)
(Rs) (Rs)  200000 4120 4120 0  500000 55620 35019 20601  1000000 210120
158619 51501  1200000 271919 220419 51500  1500000 364619 313119 51500
2000000 519119 467619 51500  2500000 673619 622119 51500  4000000 1137119
1085619 51500


ALONG WITH THAT.....
*GOVT HIKES PETROL, DIESEL PRICES*

*Petrol prices by Rs 2.67 per litre and diesel prices by Rs 2.58 per litre
with effect from tonight.*
**
*TO ADD,*
**
*CORPORATE SURCHARGE CUT FROM 10% TO 7.5%*
**
**
 *JAI HO CORPORATES!!!*
**
*AND MIDDLE CLASS MAN...GO PICK UP THE BEGGAR PLATE....*


*WHAT A BUDGET,AAM AADHMI KHUSH HUA...*



-- 


You cannot build anything on the foundations of caste. You cannot build up a
nation, you cannot build up a morality. Anything that you will build on the
foundations of caste will crack and will never be a whole.
-AMBEDKAR



http://venukm.blogspot.com

http://www.shelfari.com/kmvenuannur

http://kmvenuannur.livejournal.com

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