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Articles by CA Rahul Jain

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Synopsis of Proposed amendments in Direct Tax in Budget 2014

  CA Rahul Jain    12 July 2014 at 12:31

Tax Benefits/ Exemptions to Individual/ HUF • Basic Exemption Limit for FY 2014-15 is increased to Rs. 250000/- for individuals (whether male or female) below 60 years of age. For persons of 60 years or above, the basic exemption limit is raised