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Indian Budget 2009

Union budget 2009 was presented by Pranab Mukherjee in the parliament house. Main thing which all the salaried class people where looking was the increase in the base of the tax exemption.

Earlier salary above 1,50,000 for was made to pay a 10% tax per annum and girls / ladies where suppossed to pay above 1,80,000 per annum .

This has been revised by 10,000 rupess per annum, now we need to pay 10% tax for salary above 1,60,000 per annum and for girls / ladies its above 1,90,000 rupees per annum.

Thereby individual tax payers will save only 1000 rupees more per annum.

Apart from these LCD television , mobiles and life saving drugs will also be cheaper marginally.

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