Tag Archives: Direct Taxes Code Bill

Budget 2012: Finance panel expects income up to Rs 3 lakh made tax-free

Today’s good news for taxpayers, who wants to save their money not easing to tax, is that the Parliamentary standing committee on finance in line with the DTC Bill this budget recommends hiking basic tax exemption limit from Rs 1.8 lakh to Rs 3 lakh and another Rs 3.20 lakh rebate for eligible investments and [...]