Latest News on Tax Exemption Limit
Showing of 0 - 10 from 4 results
Tax Exemption Limit - Total results - 4
Jan 31, 2018
Budget 2018: Eight measures Arun Jaitley should look into to provide relief to taxpayersHopefully the Budget will provide for an exclusive tax exemption of up to Rs. 20,000 for premiums paid towards a term insurance in addition to the current 1.5 lakh available for life.
Jan 22, 2018
Budget 2018: Increase tax exemption limit to Rs 3 lakh, says SBI reportWith rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said
Jan 09, 2018
More tax breaks for middle class likely in Budget as finance ministry mulling hike in exemption limitIn the last Budget, Finance Minister Arun Jaitley left the slabs unchanged but gave marginal relief to small tax payer by reducing the rate from 10 percent to 5 percent for individuals having annual income between Rs 2.5-5 lakh.
Nov 23, 2017
In reply to Shashi Tharoor's suggestion, govt says it will examine Rs 5 lakh tax exemption proposal for pensionersMoS for Finance Shiv Pratap Shukla in a letter says proposal for pensioners would be examined during exercise for ensuing Union Budget 2018