Archive for the ‘I Tax’ Category

Cabinet nod to DTC bill, exemption limit upped to Rs 2 lakh

INCOME TAX EXEMPTION LIMIT

  
Cabinet nod to DTC bill; exemption limit upped to Rs 2 lakh
  
In a move that could leave more money in the hands of people, the Government today proposed to raise exemption limit on income tax from the present Rs 1.6 lakh to Rs 2 lakh.
  
The Cabinet approved the much-awaited Direct Taxes Code [...]

August 27, 2010  Tags: , ,   Posted in: I Tax, Uncategorized  No Comments