Direct Tax Proposals - Major Amendments in Budget 2014-2015

JITENDRA , Last updated: 12 July 2014  
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A. MAJOR AMENDMENTS Rates of Income-tax:Personal Income-tax exemption limit raised by Rs.50,000/- that is, from Rs.2 lakh to Rs.2.5 lakh in the case of inpidual taxpayers, below the age of 60 years. Exemption limit: raised from Rs.2.5 lakh to Rs.3 lakh in the case of senior citizens. No chang

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JITENDRA
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