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IT Exemption limit is up in the 2011 Union Budget 28 February 2011
The Union Finance Minister, Pranab Mukherjee today announced that the tax exemption limit has been raised from the present Rs.1.6 lacs to 1.8 lacs per annum. The Union Finance made a statement to this effect in Lok Sabhya today on...
Keywords: Tax-free bonds, SEZs, SEZs, Union Budget
Read MoreIT 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: DTC Bill, DTC Bill, IT exemption limit hiked, purchasing power of rupee
Read MoreIncome 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: Tax Exemption, Narendra Modi government, Income Tax, Income Tax exemption limit
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