Government of India had increased the basic personal income tax exemption limit from Rs. 5,000 to Rs. 5,000 for Financial Year 1973-1974 and Assessment Year 1974-1975. The new income tax rates or income tax slabs were effective from April 01, 1973.
Author: Suzanne Shwartz
Mr. Hirubhai Mulljibhai Patel, the Finance Minister of India, delivered his budget speech while presenting the Union Budget of India, also called the Indian General Budget, for the Financial Year 1977-1978 on Friday, June 17, 1977 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 5,000 to Rs. 5,000 for Financial Year 1972-1973 and Assessment Year 1973-1974. The new income tax rates or income tax slabs were effective from April 01, 1972.
Mr. Chidambaram Subramaniam, the Finance Minister of India, delivered his budget speech while presenting the Union Budget of India, also called the Indian General Budget, for the Financial Year 1976-1977 on Monday, March 15, 1976 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 5,000 to Rs. 5,000 for Financial Year 1971-1972 and Assessment Year 1972-1973. The new income tax rates or income tax slabs were effective from April 01, 1971.
Mr. Chidambaram Subramaniam, the Finance Minister of India, delivered his budget speech while presenting the Union Budget of India, also called the Indian General Budget, for the Financial Year 1975-1976 on Friday, February 28, 1975 in New Delhi.
Government of India has increased the basic personal income tax exemption limit from Rs. 250,000 to Rs. 250,000 for Financial Year 2018-2019 and Assessment Year 2019-2020. The new income tax rates or income tax slabs are effective from April 01, 2018.
Government of India had increased the basic personal income tax exemption limit from Rs. 5,000 to Rs. 5,000 for Financial Year 1970-1971 and Assessment Year 1971-1972. The new income tax rates or income tax slabs were effective from April 01, 1970.
Mr. Yashwantrao Balwantrao Chavan, the Finance Minister of India, delivered his budget speech while presenting the Union Budget of India, also called the Indian General Budget, for the Financial Year 1974-1975 on Thursday, February 28, 1974 in New Delhi.
Government of India has increased the basic personal income tax exemption limit from Rs. 250,000 to Rs. 250,000 for Financial Year 2017-2018 and Assessment Year 2018-2019. The new income tax rates or income tax slabs are effective from April 01, 2017.