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BUDGET 2017-2018 Special

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

-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 2017-18.

Government Employees to get hefty salary hike

Per the sixth pay commission recommendations Central government employees are to get hike in the range of 40 percent. Justice B N Srikrishna, who heads the commission, submitted its report to Finance Minister P Chidambaram today morning. The sixth pay commission recommendations will cost Rs 12,561 crore to the government this year.

The commission is a panel set up by Government of India every decade to determine the salaries of government employees. This is the sixth pay Commission to be set up by Government of India after independence.

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