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Income Tax, News

Highlights of Union Budget 2014-15 for Individuals

Income tax exemption limit raised by Rs 50,000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh. Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from Rs 1 lakh.

For any query, ask here: Highlights of Union Budget 2014-15 for Individuals

Update: Highlights of Union Budget 2015-16

For individuals

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