Latest News on Tax Exemption Limit
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Tax Exemption Limit - Total results - 4
Jan 10, 2019
Finance Minister should consider liberalising Section 80C, and increase tax exemption limitSenior citizens have their own geriatric needs. Unfortunately, section 80C doesn’t cater to them.
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 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