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164 ArticlesBudget

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Digital Still Cameras Get 10% Duty

In a tiny little addition, customs duty has been introduced on Digital Still Image Cameras. Till last year, all digital still cameras were not charged duty. ...

Angel Investors Beware: Funding Startups Could be Classified as Income

Startups, founders and Angel investors, please note the change in Budget 2012 that has been slipped in, innocuously. An investment in any private company could ...

Duty Free: Bring Rs. 35,000 Worth Goods Back

There was one thing that interested me a lot: towards the end of the Budget Speech, the FM said : 217. Baggage allowance for Indians travelling abroad was last ...

Budget 2012: New Tax Slabs

I’m writing a lot on the budget, but I thought I’d do a quick post since most questions are in this domain. The tax slabs have been reorganized to align ...

Diesel Prices Must Be Deregulated In the Budget

I write at Yahoo, Diesel Prices Must Be Deregulated In the Budget Diesel prices are way below the price of petrol for a long time now, with the difference of ...

Budget 2008 Raises Your Salary. Find out How Much.

So I’ve been doing a lot of Javascript coding (ignore that if it sounds like greek) so here is my latest application, made on a whim on Saturday night ...

Budget 2008: Short Term Cap Gains Up, Service Tax Extras and Relief

Short Term Capital Gains Tax up to 15% The FM has rationalised this by saying it needs to be equal to dividend distribution tax, and to promote longer term ...

Budget 2008: Income Tax Slabs Changed

Update: Click here to find out how much you save on tax in 2008. compared to 2007. Just finished the Budget speech. Income tax slabs have been changed. Upto ...

ESOP FBT: An Open Letter to the FM

Dear Mr. Chidambaram, I must request you, sir, to relook at your proposal for Fringe Benefit Tax (FBT) on Employee Stock Options (ESOPs). I have watched you ...

Budget Impact: Tech

Tech companies will be affected by the Budget, but how? Neutral: MAT applies Minimum alternate tax of 11.33% will now be applicable to all tech companies. That ...