Implication of direct taxes and indirect taxes

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 March 2012 Sir,
Please give the date of applicability for Direct and Indirect Taxes as per recent budget.

What will be the exemption limit of woman from this budget
Please clarifty

24 March 2012 The amendments will be applicable from 1st April, 2012 provided the budget is passed by the Parliament, which in all probability will be passed.

The exemption limit for men & women is now Rs. 2 lakhs.


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