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Budget 2016: Govt may increase personal income tax exemption limit

Budget 2016: Govt may increase personal income tax exemption limit

 Govt may increase personal income tax exemption limit 

Huge income tax relief! No HC appeal for monetary limit below Rs 20 lakh

Huge income tax relief! No HC appeal for monetary limit below Rs 20 lakh

The monetary limit for filing appeals or Special Leave Petitions in the Supreme Court have been kept unchanged at Rs 25 lakh.

Union Budget 2014-15: Tax exemption limit raised to Rs 2.5 lakh

The proposal, according to an estimate, is likely to be benefit about 2 crore tax payers.

FICCI for 30% income tax on income above Rs 20 lakh

Industry body FICCI has demanded that the highest income tax rate of 30 percent should be levied on income above Rs 20 lakh as against Rs 10 lakh currently from next fiscal to encourage consumption.