TAX GUIDE BY ATUL ANANTRAO POKLE

1. NEW DIRECT TAX CODE “ In 48 years, not only India has changed, the world has also changed” P.Chidambaram “ By putting simple language and simple forms we will eliminate litigations as far as possible”Pranab Mukharjee

4. NEW INCOME TAX SLABS 10% 1.6 to 5.00 lacs 10% 1.6 to 10 lacs 20% 5.00 to 8.00 lacs 20% 10 to 25 lacs 30% Above 8 lacs 30% Above 25 lacs

11. Example of adj.capital gain :Specially beneficial for low and middle income category of tax payers