March 16, 2012
Kalaivaraikalai
Union Budget 2012-13:
Income tax exemption limit raised to Rs 2 lakh
Disappointing a large section of income tax payers in the country, finance minister Pranab Mukherjee made a small raise in the exemption limit in his Budget speech.
Pranab Mukherjee raised the exemption limit for income tax by just Rs 20,000 from Rs 1,80000 to Rs 2 lakh.
The new tax slabs are as follows:
Up to Rs 2 lakh: No tax
From Rs 2 lakh to 5 lakh: 10%
From Rs 5 lakh to 10 lakh: 20%
Above Rs 10 lakh: 30%
Pranab Mukherjee raised the exemption limit for income tax by just Rs 20,000 from Rs 1,80000 to Rs 2 lakh.
The new tax slabs are as follows:
Up to Rs 2 lakh: No tax
From Rs 2 lakh to 5 lakh: 10%
From Rs 5 lakh to 10 lakh: 20%
Above Rs 10 lakh: 30%
.bmp)
3 comments:
ROMBA KANJAMA IRUKKANGANGAYA
VIJAY MALLAIAYVUKKU ORU 500 KODI THALLUBADI PANNANUMNA YES BOSS NU SOLLIYIRUPPAR MR.MUKARJI
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