Rs.1 lakh per individual per annum to Rs.1.5 lakh

Budget 2014: Direct tax code breathed a new life
The maiden budget under the regime of Modi’s government, was a mere litmus test as big investors, corporates and stakeholders, expecting major economic reforms keep a watchful eye. The budget 2014-15, left the income tax rates unchanged, however it offered sops to small assesses, by increasing the threshold exemption limit from Rs 2 lakh to […]