BUDGET 2014: No change in income tax rate; personal income tax - TopicsExpress

BUDGET 2014: No change in income tax rate; personal income tax exemption limit raised from Rs 2 lakh to Rs 2.50 lakh # Housing loan interest exemption increased to Rs.2 lakh from Rs.1.5 lakh: Jaitley # I propose to increase investment limit under Section 80C from Rs. 1 lakh to Rs. 1.5 lakhs: Jaitley # Tax exemption limit for senior citizens changed from Rs. 2.5 lakh to Rs. 3.0 lakhs: Jaitley # Tax exemption limit for small and marginal, and senior tax payers changed from Rs. 2.0 to Rs 2.5 lakhs: Jaitley

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*** END OF 2014 / SHOW COUNT *** Touring has finished for 2014