INCOME TAX rates for Financial Year 2015-16

The Income Tax rates / slabs for the FY 2015-16 as proposed in the Budget 2015 is as below:For Salaried Tax Payers: All Individuals/HUF Tax Payer with Salary being the main source of income  For Non-Salaried Tax Payers: All assesses with non - salary source of income  For NRI/NRE Tax Payers: All Tax Payers residing out of India or Non Reside

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e-Payment of Direct Taxes -An introduction

Introduction:The optional scheme of electronic payment of taxes for income-tax payers was introduced in 2004. With a view to expand the scope of electronic payment of taxes, it is mandatory for the following categories of taxpayers: -All corporate assessee‘sAll assessee‘s (other than company), to whom provisions of section 44AB of the Income Ta

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