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StaffCorner

10 Jul, 2014 11:09 AM

IT limit hiked to 2.5 lakhs. Exemption raised to 2 lakhs, No Change in tax rate

IT limit hiked to 2.5 lakhs. Exemption raised to 2 lakhs, No Change in tax rate Budget Highlights

No change in tax rate.

Personal Income tax limit to be raised to Rs. 2.5 lakh and Rs.3 lakh for senior citizens.

Housing loan interest exemption increased to Rs.2 lakh from Rs.1.5 lakh

Income tax exemption limit raised to 2 Lakhs



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