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Income Tax exemption limit may raise further – Finance Minister

November 22, 2014 admin 1 Comment

Income Tax exemption may raise further – Finance Minister

May raise tax exemption limit further: Arun Jaitley

NEW DELHI: Finance minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net.

In fact, he would encourage more money being put in the pockets of tax payers that will lead to spending and collection of more indirect taxes.

“This widening of the tax base. What does it mean? I pay the same indirect tax as my attendant. Our volume of consumption may be different. So everybody is paying indirect taxes.

Related updates:

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    Income Tax exemption limit should be raised to Rs 5 Lakh: Arun Jaitley
    Raise Income Tax Exemption Slab to Rs. 5 Lakhs: NC JCM Staff Side
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Filed Under: INCOME TAX

46% DA from July 2023 - Waiting for Union Cabinet Committee Approval!

46% DA from July 2023 – Waiting for Union Cabinet Committee Approval!

September 15, 2023 By Ekanathan Leave a Comment

4% Additional DA Increase from July 2023 for Central Government Employees, Pensioners, and Family Pensioners! Approval of Cabinet … [Read More...]

46% DA from July 2023 for Central Government Employees is Confirmed!

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When Central Govt will Announce DA Hike

When will declare 46% DA to Central Govt Employees?

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DA Hike from July 2023: DA may be hiked by 4% for central govt employees and Pensioners from 1st July 2023! Now, the central … [Read More...]

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National Council JCM Forwarded 13 Agenda Points for Discussion in the Next Meeting

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Comments

  1. pankaj says

    December 17, 2014 at 11:40 pm

    every body is human being.let us work together with a happy environment.let us make the india richest over the world.don’t make a diffidence between us with pay scale you pay with us 1: 1.3 ratio don’t pay 1:5 ratio. let us enjoy with our position.if you try to happy one you will disgrace to hundred. it is humble. request sir,don’t repeat like 6th pay commission.length of service should be considered between officer and technician and clerk during 7th pay commission.some one getting 25000 and some one getting 100000.where the will stand sir.percentage in increasing d.a 10% they are getting 5000 and some is getting 1000 rs inflation is equal for every one.one man can change the world history says.we should try to be listed in the history.

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