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Income Tax Exemption Limit

Aug 24, 2014 at 18:51 | Source: PTI
Sebi also said that income tax would be deducted at source, wherever applicable, unless it receives necessary documents for claim of tax exemption along with the refund application.
Aug 11, 2014 at 18:36 | Source: CNBC-TV18
The earlier committee's recommendations on what should be the threshold limit under GST, list of exemption items, dual control etc- are going to be discussed.
Jul 17, 2014 at 16:06 | Source: Moneycontrol.com
The Income tax exemption limit has gone up from Rs.2 Lakhs to Rs.2.5 Lakhs, for those below 60 years and the exemption limit has moved to Rs.3 Lakhs from Rs.2.5 Lakhs for Senior citizens.
Jul 17, 2014 at 16:03 | Source: Moneycontrol.com
By allowing additional tax benefit of Rs. 50000 under Section 80C of Income Tax Act and enhancing PPF investment limit to Rs.1.5 lakhs, the budget has given a clear message to the common investor which is if you have additional Rs. 50000 to be invested, please put this money in PPF.
Jul 15, 2014 at 16:10 | Source: Moneycontrol.com
Tax slab increased to Rs. 2.5 Lakhs for citizen and Rs 3 lakhs for senior citizen. Income earned by an individual is chargeable to tax as per the slab they fall in. Individuals below the age of 60, exemption limit was previously Rs. 2 Lakhs which has been increased to Rs. 2.5 Lakhs.
Jul 15, 2014 at 14:58 | Source: Moneycontrol.com
In an attempt to boost household savings, the finance minster has announced an increase in exemption limit for investments under Section 80C of the income tax Act.
Jul 12, 2014 at 17:39 | Source: CNBC-TV18
For those reeling under the strain of rising inflation, higher rail and fuel prices, Finance Minister Arun Jaitley was unexpectedly kind this year.
Jul 12, 2014 at 16:32 | Source: PTI
In his maiden Budget presented in Parliament on July 10, Finance Minister Arun Jaitley has tried to provide relief to the middle class by increasing tax exemption limit by Rs 50,000 to Rs 2.50 lakh. It also hiked deduction limit for investments in financial instruments under 80C by Rs 50,000 to Rs 1.50 lakh.
Jul 11, 2014 at 16:36 | Source: Moneycontrol.com
While the middle class taxpayer clearly benefits from the increase in tax exemption limit, PPF limit and home loan deduction, the increase in capital gains tax on debt funds is hard to comprehend
Jul 11, 2014 at 15:32 | Source: Moneycontrol.com
The union budget attempts to revive economic growth under the given macroeconomic constraint. The government has given a fillip to household savings by raising the tax exemption limits, says India Ratings.
Messages on Income Tax Exemption Limit »

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Source:NDTV Profit - Finance Minister Arun Jaitley is expected to double exemption limit on long-term financial savings to ease tax burden on the middle class in his maiden budget on Thursday, sources told NDTV. Currently, the income tax exemption limit on such savings is ...

12.27 PM Jul 8th

Budget  

Dear FM , Please consider increasing the income tax exemption limits , raise 80C cap and House Loan interest repayment limit Thanks

2.23 PM Jun 30th

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Do you see the FM raising income tax exemption limit to Rs 3 lakh in this Budget?

1.08 PM Jun 19th

Santosh Nair

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, Arun Jaitley had suggested that the Income Tax exemption limit should be raised to Rs 5 lakh from Rs 2 lakh currently. This is what he was quoted as saying in a Press Trust of India report dated April 21. “Direct Tax should be reduced. The Income-Tax limit has to be raised from Rs 2 lakh to Rs 5 lakh

11.20 AM May 27th

MF Investment Help  

Income TaxExemption Limit should be enhanced to Rs 3 lakh which will result in reduction of collection of Income Tax drastically and will also reduce disparities among people.

3.40 PM Mar 4th 2013

Budget  

income tax exemption limit slab should be raised to Rs. 3 Lakhs & exemption limit u/s 80C, 80CCD, etc. should be raised from Rs. 1 Lakh to Rs. 2 Lakhs.

4.15 PM Feb 26th 2013

Budget  

FM MAY INCREASE INCOME TAX EXEMPTION LIMIT UP TO RS.3 LACS

6.39 PM Feb 25th 2013

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Will the FM increase Income Tax exemption limit to Rs 3 lakh in this Budget?

3.21 PM Feb 22nd 2013

elayaravi

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High taxes  

mr p chidambaram knows middleclass peoples difficulties verywell. their one of the longstanding demand is income tax exemption limit from two lalks to minimum three lakhs. mr chidambaram take this issue in his mind . dont give a relaxation ten thousand or twenty thousand. it is not give

11.16 AM Feb 17th 2013

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Source:Assocham - Raise personal income tax exemption limit to Rs 3 lakh, reduce service tax and excise tax to eight per cent from 12 per cent and increase deduction of interest on housing loan to 5 lakh to revive consumer demand and boost investment, ASSOCHAM said in its pre

4.30 PM Dec 4th 2012

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Jul 14, 2014 at 05:37 | Source: Calcutta Telegraph News
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