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LIVE Updates on Union Budget 2008-2009 , Union budget 2008, Budget ...   

Income tax exemption: Rs 1,50000 (Rs. 1,10000 earlier) » Income tax slab changed » More duty on non filter cigarettes » Excise on water purification items ......

India Income Tax Slab for FY 2007-2008   

The slab and rates of income tax for individual and corporation are given below according to Indian Income Tax Act for AY 2008-2009 OR FY 2007-2008 . ......