Latest Updates -
-The latest income tax slabs for 2010-2011 can be found here - Income tax slabs 2010-11.
-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.
Finance Minister Pranabh Mukherjee has indicated that controlling inflation is the highest priority for the Government. While answering questions from MPs in the Parliament, Mr. Mukherjee said "Government is monitoring the price situation on regular basis"
Previously the government had indicated its willingness to import essential commodities in order to contain the price rise.
The Indian food prices have touched a ten-year high.