The threshold for exemption
under Tax Deduction at Source
(TDS) has been enhanced to
Rs. 10,000 on interest on any
deposit under senior citizens
savings scheme for AY 08-09.
Bank Audit fee increased
RBI has recently announced increase in Statutory Bank Audit fees by about 25% from accounting year 2006-07. The revision of tax audit fee is also under consideration.
Bank Audit fee increased
RBI has recently announced increase in Statutory Bank Audit fees by about 25% from accounting year 2006-07. The revision of tax audit fee is also under consideration.
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