15-25% return expected in Nifty in one year time frame

It is expected by various stock market analyst group that nifty may give 15-25% return in next one year. First time China industrial output touch a 11 month high . US jobless number decrease unexpectedly. US GDP growth seen more than 3% in coming quarters.

All world economy showing enough evidence of recovery. This is really a nice time to invest in share market with a expectation of good return in coming years.

Double dip recession chance is slimming down day by day. Better we keep invested and stay calm to get good profit.

Tax Slab for salaried class people after Budget 2012

Indian Finance minister declared new slab for salary class people in budget 2012.

New Slab as follows.


Income tax slab (in Rs.)

Tax
0 to 2,00,000
No Tax
2,00,001 to 5,00,000
10%
5,00,001 to 10,00,000
20%
Above 10,00,000
30%
Education Cess 2%
Secondary and Higher Education Cess 1%