Income Tax Return Forms for Download 2007-08 , Latest Income Tax form Free Download for filing IT Returns in India - Tax Form to file Return in . ......

Changes in IT slab . Threshold of exemption for all Income Tax assesses raised ... GDP ratio increased from 9.2 per cent in 2004-05 to 12.5 per cent 2007-08 . ......

An increase in education cess from 2% to 3% will take income taxes up, but the FM has provided an increase in slab levels by Rs. 10000. So the tax exempt ......

However maximum tax slab rate for individuals is 30%. Hence it will depend upon your total income as to under which tax bracket you fall. ......

The income tax slabs rates have been changed as under: ... There is a SUBTANTIAL benefit on account of this change in the slab rates of income tax . ......