Income Tax Exemption Limit Raised (2009-2010)

krishnas — Mon, 06 Jul 2009 08:29:43 +0000

THE Finance Minister, in today’s budget speech, announced marginal tax benefits for individual tax payers. He increased the basic exemption limit for male taxpayers and female taxpayers by Rs 10,000 and that of senior citizens by Rs 15,000. Further, he abolished the surcharge of 10% on income over Rs 10 lakh. The new tax slabs [...] Related posts:

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Income Tax Exemption Limit Raised (2009-2010)