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

Last Updated: Thursday, July 10, 2014, 13:34

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

Last Updated: Sunday, December 23, 2012, 15:33

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.