The government’s annual budget keeps track of the country’s income and expenses. You need a family budget for the same reasons. Once you track your income and spending, you will know how much you can invest.
Click here to see existing slab rates (Financial year 2007-2008)In association with Ernst & Young, we have attempted to give a simple income-tax calculator which helps individual taxpayers to estimate the tax liability at a given income level. The income tax rates applicable for financial year 2007-2008 and financial year 2008-2009 of individuals are listed below:
Click here to use income-tax calculator
