>Threshold limit for taxes for senior citizens Rs. 2,25,000.
>15% increase in taxes for short-term capital gains.
> Higher rates of taxes for both filtered and unfiltered cigarettes.
>Rs. 450 per metric ton excise duties on cement clinkers.
>Excise duties eliminated on set-top boxes for televisions.
>30% tax for income over Rs. 5,00,000.
>Surcharge on corporate tax remains unchanged.
>No changes in corporate tax rate
>Exemption of taxes for persons paying medical insurance premium for parents.
>Threshold limit for taxes for women Rs. 1,80,000.
Rs. 3,00,000 to 5,00,000 to be taxed at 20% rate.
Rs. 1,50,000 to 3,00,000 to be taxed at 10% rate.
Threshold limit for taxes increased to Rs. 1,50,000.
Date : 29-02-08
1. BoQ 'very strong', no corporate exposure
2. Reporting season saves the worst for last
3. Allco's Mobius unit halts new mortgages ahead of asset sales
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