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ENJOY FREEDOM FROM TAX BURDEN!

Income-tax of Rs.2,87,370 on Family Income of Rs.27,60,000 Average tax rate of just 10.4% – Myth or Reality? INCOME TAX IS NO LONGER AS TAXING! Just consider some tax facts of the past six years as highlighted hereunder: In FY 2004-05, taxable income exceeding Rs.1,50,000 attracted the maximum tax rate of 30%. Today in FY 2010-11, the basic Income-tax exemption limit is Rs.1,60,000 and the maximum tax rate of...

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