Hi
No idea about taxation matters hence a few queries
1.When will the new personal IT slab be effective from i.e ending Mar2008 will i paytaxes according to new slab or it will effect my income from apr08 to Mar09?
2. Reagrding short term capital gains, is this tax applicable to commodities too , someone told me that short term trading in commodities is not considered speculative & hence not under this tax?
Thans in advance
Naveen
No idea about taxation matters hence a few queries
1.When will the new personal IT slab be effective from i.e ending Mar2008 will i paytaxes according to new slab or it will effect my income from apr08 to Mar09?
2. Reagrding short term capital gains, is this tax applicable to commodities too , someone told me that short term trading in commodities is not considered speculative & hence not under this tax?
Thans in advance
Naveen