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New tax slab

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(Querist)
23 September 2014 As per the current budget tax slab had been increased to 2l to 2.5l
When is the new tax slab is amendment

Please reply Asap
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CA Devanand Jethanandani

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CA Devanand Jethanandani (Expert)
23 September 2014 Basic exemption limit has been increated to 2.5 lacs from 2 lacs and it is applicable from Financial Year 2014-15 (Assessment Year 2015-16)
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
23 September 2014 https://www.caclubindia.com/forum/21-useful-charts-for-tax-compliance-ay-15-16-304998.asp

Check out the slab and rates applicable for Financial Year 2014-15 from file available at link given above.
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