BUDGET 2010 HIGHLIGHTS INCOME TAX SLAB RATES CHANGED UPTO 160000 - NIL 160000 - 500000                        10% 500000 - 800000                        20% OVER 800000                             30% TDS THRESHOLD LIMITS CHANGED 194C     SINGLE CONTRACT FROM 20000 TO 30000             TOTAL                 FROM 50000 TO 75000 194H      FROM 2500 TO 5000 194I       FROM 120000 TO 180000 194J       FROM 20000 TO 30000   TAX AUDIT LIMIT CHANGED FOR BUSINESS FROM 40 LAKHS TO 60 LAKHS FOR PROFESSIONAL FROM 10 LAKHS TO 15 LAKHS

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