Income Tax Rates for FY 2014-15 / AY 2015-16
The Income Tax Slab for FY 2014-15 / AY 2015-16 in the budget presented by new Finance minister Arun Jaitley in the the new Narendra Modi Government on 10th July 2014 some of the expectations of the tax payer are metThe following are the income tax highlights as per the budget for the financial year 2014-2015 Basic exemption limit has been raised from Rs 2,00,ooo Lakhs to Rs 2,50,000. This will directly lead to Income tax savings of Rs 5,000…