Vodafone Idea to get INR 733 Crores tax Refund

In an good news for India's Telecom giant after so many years of operation in India, the Supreme Court on Wednesday directed government to refund 733 Crores to Vodafone Idea Ltd in a tax case related to the year ended March 2015 for which assessment has been completed but dismissed the company's plea seeking refunds for three years following that as scrutiny of tax filings is pending.

Also Read our Article : Is Vodafone Idea stock worth investing now ?

Likely Income Tax Slab for Individuals for Financial Year 2014-2015 & Assessment Year 2015-2016

With budget is just around the corner to be presented on 10th July 2014 , the maiden budget of Prime Minister Narendra Modi and Finance Minister Arun Jaitley .

We are presenting a likely income tax slab for individuals for the financial year 2014-15 , assessment year 2015-16. Kindly note that this is not the main budget income tax slab presentation but likely as per the hints given by Finance Minister.

Likely Income Tax Slab for FY 2014-15