ASSOCHAM

Raise Personal Income Tax Exemption Limit to Rs 4 lakh – Assocham

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Raise Personal Income Tax Exemption Limit to Rs 4 lakh – Assocham Budget-2016-17: Revision in IT exemption to at least Rs 4 lakh minimum expectation of common-man Monday, February 15, 2016 Revision in the income tax exemption limit to at least Rs four lakh is the most important and pressing expectation of a common-man who … Read more

Raise saving allowance for income tax to Rs 2.50 lakh; bring back standard deduction for salaried employees: ASSOCHAM to FM

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Raise saving allowance for income tax to Rs 2.50 lakh; bring back standard deduction for salaried employees: ASSOCHAM to FM As Finance Minister Mr Arun Jaitley begins engagements with stakeholders for the ensuing Budget for 2016-17, ASSOCHAM has recommended to the government to increase the deduction for long term savings to Rs 2.50 lakh and … Read more