Union Budget 2013: 1st time home buyers to get additional tax break of Rs 1 lakh

Finance Minister P Chidambaram Thursday raised tax deduction limit by Rs 1 lakh for the first time home buyers to promote the housing sector.

Chidambaram to launch CPC (TDS) on Saturday

Finance Minister P Chidambaram will launch the Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) tomorrow, a move likely to ease the compliance procedure for taxpayers.