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  • Bangalore is home to most crowded Rupee-millionaire club

    NEW DELHI: Rupee-millionaire club in Bangalore is the most crowded in India. The IT capital of India has the largest number of households with income of Rs 10-lakh (per year) and above. With 3.3% of the total 31,17,843 households in the country earning Rs 10 lakh and above, Bangalore ranks No 1 in the list. A recently released ...
    Posted to My Bangalore Blog (Weblog) by 233134 on August 2, 2007
  • Tax on New Services may rake in Tidy Sum For Government

    The extension of service tax to cover rentals on commercial properties, as proposed in Budget 2007-08, is expected to rake in a tidy sum for the Government. In all, the Finance Ministry expects the new services to yield revenues of about Rs. 2,000 crores in fiscal 2007-08. The Center has budgeted service tax revenues of Rs. 50,200 crores during ...
    Posted to My Bangalore Blog (Weblog) by 233134 on March 10, 2007