Financial Year 2012-2013

admin on March 16th, 2012

In the latest budget announcement on 16th March 2012, the financial minister, Pranab Mukherjee, announced raising the tax exemption limit¬†¬†from the curent level of Rs 1.8 lakh to Rs 2 lakh. For income upto Rs 2 lakh, the tax deduction will now be NIL. For those with an income between Rs 2-5 lakh the tax […]

Continue reading about Income Tax Slabs for FY 2012-2013