Income tax rates moderate in India. Why a new additional tax on dividend income may not hit promoters much. Tax rebate for persons with income less than or equal to Rs 5 lakh increased by Rs 3000. Additional surcharge on Rs 1 crore income to increase tax outflow by almost Rs 1 lakh. Hoping for a relief in income tax this year? It may not happen. What is excise duty? A direct.

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