Income Tax slabs after Budget 2014-15 -Exemption limit increased by 50000: Finance Minister has increased basic exemption limit by Rs 50000/- and now limit has been fixed at 2,50,000 . Further 80C limit has also been increased by Rs 50000 to 150000(old 100000) . Moreover Interest on house loan is now increased by 50000 ASSESSMENT YEAR 2014-2015 RELEVANT TO FINANCIAL YEAR 2013-2014 1. Tax Slab for an Individual (resident & below... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Posted on: Thu, 10 Jul 2014 07:41:36 +0000