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BUDGET 2016-2017 Special

Latest Updates -
-The latest income tax slabs for 2016-2017 can be found here - Income tax slabs 2016-17.

-The latest free income tax calculator to calculate your latest tax and to compare your tax savings from previous year can be found here
Free Income Tax calculator for calculating tax for 2016-17.

RBI leave interest rates intact

Reserve Bank of India (RBI) has today left the key interest rates unchanged stressing that it is committed to contain inflation and at the same time maintain growth. The repo rate remains at 8 percent and cash reserve ratio remains 4.75 percent.

But RBI reduced the statutory liquidity ratio (SLR) by 1% to make it 23 per cent from the existing 24 percent.

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