MINIMUM EXEPTION FOR F,Y 2012-13 FOR INDIVIDUAL IS 2,00,000 OR 1,80,000/-
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Income tax exemption
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Increased to 2,00,000 for FY 2012-13
IT IS 2,00,000 NOW
its 2 lakhs now for FY 2012-13
Now the basic exemption limit has been increased to Rs. 200000 for male as well as female assessee.
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