Taxation Aspects of Union Budget 2014



Income Tax: Provision of Advance Tax Ruling applicable to Residents. Scope of Income Tax Settlement Commission widens. Basic limit of Exemption increased to 2.50 lac. In case of Senior Citizen, it is increased to 3.00 lac. No changes of Income Tax rate. Surcharge will co
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About the Author

Chartered Accountant

Chartered Accountant practicing in the field of Direct Tax, Indirect Tax and company matters in NCR.

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