tax-exemption-limit - Latest News on tax-exemption-limit | Read Breaking News on Zee News
Individual tax payers get relief of Rs 50 K in Jaitley’s Budget

Individual tax payers get relief of Rs 50 K in Jaitley’s Budget

Last Updated: Thursday, July 10, 2014, 19:22

Finance minister scaled down his own wishlist and proposed only Rs 50,000 relief for individual tax payers.

Union Budget 2014-15: How it will affect you?

Last Updated: Thursday, July 10, 2014, 15:48

Investment limit under Section 80C of the Income-Tax Act has also been raised from Rs 1 lakh to Rs 1.5 lakh which will encourage savings to some extent.

Hike income tax exemption limit to Rs 3 lakh: PwC

Last Updated: Thursday, July 03, 2014, 20:53

The budget should raise basic exemption limit to Rs 3 lakh from Rs 2 lakh and also introduce a special basic exemption for women at Rs 3.25 lakh beyond which they will come into the tax bracket, the consultancy firm said.

FinMin may double tax exemption limit under 80C to Rs 2 lakh

Last Updated: Monday, June 30, 2014, 16:09

Seeking to boost household savings, the Finance Ministry is considering doubling the exemption limit for investments by individuals in financial instruments to Rs 2 lakh.

DTC draft retains exemption limit; proposes 35% super-rich tax

Last Updated: Tuesday, April 01, 2014, 21:34

The fresh draft of the DTC Bill, posted on the website of the Finance Ministry on Tuesday, has lowered the age for tax exemption for senior citizens to 60 years from 65 years.

Cabinet likely to consider DTC Bill today

Last Updated: Thursday, August 22, 2013, 09:00

The exemption limit at Rs 2 lakh for individual tax payers is unlikely to be touched, but a new slab of 35 percent may be introduced for the super-rich.

Budget 2013: Salaried class wants IT exemption limit raised

Last Updated: Wednesday, February 13, 2013, 14:32

Over 89 percent of respondents said the slab of tax free income has not moved up in line with real inflation.

Direct, indirect tax reforms to miss deadline: Mukherjee

Last Updated: Friday, March 16, 2012, 13:19

Implementation of the Direct Tax Code (DTC), the proposed reforms in the direct tax system, will miss the deadline of April 1, 2012, Finance Minister Pranab Mukherjee said Friday.

Mukherjee's budget promises tax relief, subsidy cut, reforms

Last Updated: Friday, March 16, 2012, 13:16

Tax relief to individuals, promise to curb black money, major push on infrastructure, capital market reforms and huge subsidy cut were among proposals listed by Finance Minister Pranab Mukherjee in the federal budget for 2012-13.

Tax payers may get some relief in Union Budget

Last Updated: Thursday, March 15, 2012, 18:47

Tax payers will be looking forward to some relief from Finance Minister Pranab Mukherjee who is expected to raise the income tax exemption limit to at least Rs 2 lakh in his budget proposals to be unveiled in the Lok Sabha on Friday.

Majority of staff expects tax exemption limit to Rs 3L: Survey

Last Updated: Sunday, March 11, 2012, 15:55

A majority of employees surveyed expect Finance Minister Pranab Mukherjee to increase the income tax exemption limit to Rs 3 lakh in the upcoming Budget, in line with rising inflation, Assocham has said.

Majority of staff expects tax exemption limit to Rs 3L: Survey

Last Updated: Sunday, March 11, 2012, 15:55

A majority of employees surveyed expect Finance Minister Pranab Mukherjee to increase the income tax exemption limit to Rs 3 lakh in the upcoming Budget, in line with rising inflation, Assocham has said.