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BUDGET 2017-2018 Special

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-The latest income tax slabs for 2017-2018 can be found here - Income tax slabs 2017-18.

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Free Income Tax calculator for calculating tax for 2017-18.

ICICI Bank reports 264 million dollar loss in overseas investment

ICICI Bank has reported a loss of $264 million in overseas investment. It is one of the biggest losses reported by any Indian bank in recent times. This could wipe up to 9 percent off its annual profit.

Bank has denied US subprime crisis for the loss. Joint Managing Director Chanda Kochhar told reporters that the bank do not have any direct exposure to subprime. But he did not specify what was behind the loss.

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