A Mean Blow

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Updated on:
A Mean Blow
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  • 5 per cent national security surcharge raises peak personal I-T rate to 31.5 per cent from 30.6 per cent
  • The infamous dividend tax returns
  • Section 88 tax rebates for investment halved to 10 per cent only. No rebate for income over Rs 5,00,000.
  • Service tax extended to rail travel and insurance agents, beauty parlours, cable operators, etc.
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