Daily Archives: March 11, 2012

Parliamentary panel submits report on Direct Tax Code, suggests bonanza for taxpayers

2012-03-11T11:50:12+00:00

Raise I-T exemption limit to Rs3 lakh, says parliamentary panel on DTC Besides hiking the income tax exemption to Rs3 lakh from Rs1.8 lakh at present, the Standing Committee on Finance also suggested that 10% tax be levied on taxable income between Rs3-Rs10 lakh, 20% between Rs10-Rs20 lakh and 30% over Rs20 lakh New Delhi: Ahead of the Budget, a parliamentary panel that scrutinised the Direct Taxes Code (DTC) Bill has suggested that income tax exemption limit be raised to Rs3 lakh per annum, and the investment limit for tax savings schemes be hiked to Rs3.20 lakh, reports PTI. In its [...]

Parliamentary panel submits report on Direct Tax Code, suggests bonanza for taxpayers2012-03-11T11:50:12+00:00
“MASS RALLY” by Joint Front of Associations,CPWD on 12Dec.2018.
 
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