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Expected Potential Relief in Income Tax – 10% Tax on 3 to 10 Lakh

January 29, 2015 admin Leave a Comment

Income Tax Exemption Limit can be increased upto Rs 3 Lac - Finance minister Arun Jaitley may announce during the Budget The Modi government may declare a raise in the Income Tax Exemption limit from the current 2.5 lacs to 3 lacs. Finance Minister … [Read more...]

Central Trade Unions submits Joint Memorandum including DA Merger and 5 Lakh IT Exemption to Finance Minister

January 21, 2015 admin Leave a Comment

Central Trade Unions submits Joint Memorandum including DA Merger and 5 Lakh IT Exemption to Finance Minister CENTRAL TRADE UNIONS SUBMITS JOINT MEMORANDUM TO FINANCE MINISTER 17th January 2015 The Hon’ble Minister of Finance, Govt. of India, North … [Read more...]

Arun Jaitley Against High Income Tax Rate to Raise Revenues

January 19, 2015 admin Leave a Comment

Arun Jaitley Against High Income Tax Rate to Raise Revenues By PTI NEW DELHI: Ahead of the budget, Finance Minister Arun Jaitley today said the NDA government is not in favour of high taxation, instead it would want to leave more money in the hands … [Read more...]

IT Exemption Slab Could be Raised Further: Fin. Minister Arun Jaitley Informs

November 24, 2014 admin 1 Comment

Finance Minister Arun Jaitley

Income Tax Exemption Slab Could be Raised Further: Finance Minister Arun Jaitley Informs “I have no intention of burdening the salaried and middle classes by imposing heavy taxes on them. At the same time, I’m not going to let tax evaders get away. … [Read more...]

Income Tax exemption limit may raise further – Finance Minister

November 22, 2014 admin 1 Comment

Income Tax exemption may raise further - Finance Minister

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 … [Read more...]

Personal Income Tax Exemption Limit and 80C limit also raised by Rs. 50,000

July 10, 2014 admin Leave a Comment

Personal Income Tax Exemption Limit and 80C limit also raised by Rs. 50,000 Personal Tax Exemption Limit Raised by Rs. 50,000/- ; No Change in the Rate of Surcharge; 15% Investment Allowance to Manufacturing Companies, to Incentivize Small … [Read more...]

Central Government is planning to raise the Income Tax exemption slab to Rs. 5 Lakhs

June 16, 2014 admin Leave a Comment

Central Government is planning to raise the Income Tax exemption slab to Rs. 5 Lakhs According to information from the Finance Ministry, the Government is giving serious thoughts about raising the income tax exemption slab from the current Rs. 2 … [Read more...]

General Budget 2014-15: NFIR Presents list of proposals to be considered

June 16, 2014 admin Leave a Comment

General Budget 2014-15: NFIR Presents list of proposals to be considered NFIR has made a list of all the proposals that Central Government employees expect in the 2014-15 General Budget. On the 11th of this month, Mr. Raghavaiah, the General … [Read more...]

Income Tax exemption limit should be raised to Rs 5 Lakh: Arun Jaitley

April 23, 2014 admin Leave a Comment

Income Tax exemption limit should be raised to Rs 5 Lakh: Arun Jaitley Arun Jaitley, one of BJP’s prominent leaders says that raising income tax slab to Rs 5 lakh will benefit more than thirty million people in the country. He also added that direct … [Read more...]

Government deductors get relief from fee u/s 234E for late submission of TDS statement

March 6, 2014 admin Leave a Comment

Government deductors get relief from fee u/s 234E for late submission of TDS statement Due-Date of Filing of TDS/TCS Statements for FY 2012-13 (2nd to 4th Quarter) and FY 2013-14 (1st to 3rd Quarter) Extended upto 31.03.2014 in the Case of Government … [Read more...]

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