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People who raise questions on EVMs should show how they can be hacked: TMC trashes Congress claims | Bangladesh likely to hold national polls in late 2025 or early 2026, says Yunus in Victory Day speech | Constitution stood test of time: Nirmala Sitharaman in Rajya Sabha | PM Museum requests Rahul Gandhi to return Pandit Nehru's historical letters | Indian tabla maestro Zakir Hussain dies at 73 in San Francisco, confirms family | Kolkata woman strangled, beheaded and chopped into pieces for refusing brother-in-law's advances | Arvind Kejriwal, CM Atishi to contest Delhi polls from current constituencies | Atul Subhash suicide case: Wife Nikita, her mother and brother arrested | Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release | Donald Trump intends to end 'inconvenient' and 'very costly' Daylight Saving Time
Income Tax: Govt may increase standard deduction by 30-35 pc

Income Tax: Govt may increase standard deduction by 30-35 pc

Jan 12, 2022, at 02:47 pm

New Delhi/IBNS: The government is mulling an enhancement in the tax bracket for the salaried individuals by 30-35 percent in the upcoming budget while keeping the existing income tax slabs unchanged, media reports said.

Budget 2019: Income tax exemption limit raised to Rs. 5 lakh

Budget 2019: Income tax exemption limit raised to Rs. 5 lakh

Feb 01, 2019, at 12:59 pm

New Delhi, Feb 1 (IBNS) : Union Finance Minister Piyush Goyal proposed rise in the income tax exemption limit to Rs. 5 lakh as he presented the National Democratic Alliance Government's sixth and final budget on Friday.

Union Budget 20818: Standard deduction of Rs 40,000 allowed in lieu of present exemptions

Union Budget 20818: Standard deduction of Rs 40,000 allowed in lieu of present exemptions

Feb 01, 2018, at 07:57 pm

New Delhi, Feb 1 (IBNS): In the Union Budget 2018, FM Arun Jaitley has proposed to allow a standard deduction of Rs. 40,000 in lieu of the present exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses for salaried taxpayers.