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    IT exemption limit to be hiked to Rs.3 lakh 24 February 2012

    The Parliamentary Consultative Committee on Direct Taxes Code (DTC) Bill has unanimously agreed today to raise the IT exemption limit to Rs.3 lakh from the present limit of Rs.1.8 lakh from the next financial year. Reports said that the committee...

    Keywords: IT exemption limit, purchasing power of rupee, purchasing power of rupee, DTC Bill

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