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  • income tax returns, Direct Taxes Code, no filing of i t returns if salary is less than rs 5 lakh year, Direct taxes code

    No filing of I-T returns if salary is less than Rs. 5 lakh/year 22 February 2012

    "An individual whose total income for the relevant assessment year does not exceed Rs 5 lakh and consists of only income chargeable to income-tax under...salaries...(and) income from other sources, by way of interest from a saving account in a bank,...

    Keywords: Finance Ministry, salaried employees, income tax returns, Direct Taxes Code

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    Income Tax exemption limit, Income Tax limit to be pushed, income tax limit to be pushed, Direct taxes code

    Income Tax limit to be pushed 14 June 2014

    Here is a good news for all the salaried class people, Narendra Modi government is likely to push the Income Tax exemption limit from Rs 2 to Rs 3 lakh which would leave more money in the hands of people....

    Keywords: Narendra Modi government, Tax Exemption, Income Tax exemption limit, Finance Minsiter Arun Jaitley

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