Income tax rules game changer year 2013


This financial year 2013 could be Income Tax rules game changer for history of financial system of india.
b'cos the ITSlab are not changed since first dream budget 1997 was published but it could be change,specially add more slabs for attack the rich peoples.

Mr Chidambaram said tax rates that were announced in 1997 (in the Budget he had presented then), have remained and have survived four governments and four finance ministers.

India taxes income at three rates ~ 10 per cent, 20 per cent and 30 per cent. These rates were fixed in 1997.

Let's go to back to first dream budget of year 1997 and see the income tax slab until now.

Income tax rule since dream budget

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