In this part two of how the new provisions in the Direct Tax Code (DTC) which will take effect from April 1, 2012 will impact your investments, savings and taxes, we will continue to see which investments you can continue to claim deductions and investments where deductions have been done away with.
The Direct Tax Code (DTC) is here and will take effect from April 1, 2012. The DTC brings with it a host of new changes to the tax code and it is time you get to know how it could impact your investments, savings and taxes. In this first part of the series we will see the basic changes to the tax slabs and changes to the deductions.
Believe it or not these are some of the stocks that outperformed by 400% In a very short span of time of 6 Months
Period ranges from Mar 2009 and August 2009
Starting from April, All transactions from ATM’s of different Banks were made free. In simple sense you can make your ATM card to work with any bank’s ATM machine which is free of change now. Before the bank changed Rs 20- Rs 50 per transaction depending on the bank. Most of the banks were not prepared for this move, and many banks were not ready with the technical side.