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BUDGET 2010 Special
Latest Updates -
-The latest income tax slabs for 2010-2011 can be found here - Income tax slabs 2010-11.
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India preferrs more regulation instead of bank levy
June 8, 2010 by financeminister
India has made clear that it preferrs better regulatory mechanism instead of imposing levy on banks for future bail outs.
Finance Minister Pranabh Mukherjee conveyed India's stand to the chairman of the presidential committee for the G-20 meeting on Friday.
While US, Britain and many European countries are supporting a levy on banks and other financial institutions, countries like India, Canada and Australia are opposed to the idea.