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BUDGET 2010 Special
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-The latest income tax slabs for 2010-2011 can be found here - Income tax slabs 2010-11.
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Defence spending hiked
March 1, 2008 by financeminister
The 2008 budget shows an increase of ten percent in defense spending. This is to accelerate the ongoing modernization drive in the military.
The defense authorities are gearing up the phasing out of soviet era war crafts. On plan are 10 billion dollar deal to buy 126 fighter jets from US. And the army plans to import 30 billion dollar worth of equipments in next couple of years.