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Highlights of Union Budget 2014-15 - Tax Proposal

Posted on: 10/Jul/2014 2:12:40 PM
  • Tax Proposal : Finance Minister gives some relief to tax payers.
  • Income tax exemption limit raised from Rs.2 Lakhs to Rs.2.5 Lakhs.
  • Exemption Raised from 2.5 lakhs for Senior Citizens.
  • Housing Loan rebate hiked from Rs.1.5 Lakhs to Rs.2 Lakhs.
  • Investment limit under section 80C raised to 1.5 lakhs.