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Union Budget 2014-15

Key Features of Budget 2014-2015

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Key Features of Budget 2014-2015 Personal Income-tax exemption limit raised by Rs. 50,000/- that is, from Rs. 2 lakh to Rs.2.5 lakh in the case of individual taxpayers, below the age of 60 years. Exemption limit raised from Rs.2.5 lakh to Rs.3 lakh in the case of senior citizens. No change in the rate of … Read more

1000 Crore Fund allocation for implementing One Rank One Pension

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1000 Crore Fund allocation for implementing One Rank One Pension DEFENCE ALLOCATION RAISED TO RS 2,29,000 CRORE CAPITAL OUTLAY FOR DEFENCE MODERNIZATION INCREASED BY RS 5,000 CRORE Allocation for defence in this year’s General Budget has been raised to Rs 2,29,000 crore. Presenting the Union Budget in Lok Sabha today, the Union Finance Minister Shri … Read more