I-T exemption limit may be raised to Rs 3 lakh

I-T exemption limit may be raised to Rs 3 lakh New Delhi: Ahead of the Budget, a key Parliamentary panel scrutinising the Direct Taxes Code (DTC) is likely to recommend raising of income tax exemption limit to Rs 3 lakh and tax breaks on investments to Rs 2.5 lakh. "There is a consensus among the members that annual tax exemption limit be raised to Rs 3 lakh," sources said after the meeting of the Parliamentary Standing Committee on Finance chaired...
04:56 PM, Feb 24, 2012

Pre-Budget meetings with Pranab begin today

Pre-Budget meetings with Pranab begin today New Delhi: Finance Minister Pranab Mukherjee will start pre-Budget consultations with various stakeholders from Wednesday. The first meeting is with agriculturalists. It will be followed by a series of interactions with sectoral experts, industry captains and economists over the next three weeks to get their feedback and inputs for considering incorporation in Budget 2012-13. Mukherjee is slated to meet trade union leaders on January 16. Social sector related groups will...
02:24 AM, Jan 11, 2012

Pre-Budget meetings with Pranab from Wednesday

Pre-Budget meetings with Pranab from Wednesday New Delhi: Finance Minister Pranab Mukherjee will start pre-Budget consultations with various stakeholders from Wednesday. The first meeting is with agriculturalists. It will be followed by a series of interactions with sectoral experts, industry captains and economists over the next three weeks to get their feedback and inputs for considering incorporation in Budget 2012-13. Mukherjee is slated to meet trade union leaders on January 16. Social sector related groups will...
09:43 PM, Jan 10, 2012

No tax reform bill this Budget session: Report

No tax reform bill this Budget session: Report A new bill on tax reforms was expected in the budget session of Parliament. ...
11:34 AM, Feb 12, 2010

Direct Taxes Code to simplify tax structure: Pranab Mukherjee

Direct Taxes Code to simplify tax structure: Pranab Mukherjee Direct Taxes Code Bill will be introduced in the Lok Sabha soon. ...
03:56 PM, Jul 06, 2009
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