Government of India had increased the basic personal income tax exemption limit from Rs. 160,000 to Rs. 180,000 for Financial Year 2011-2012 and Assessment Year 2012-2013. The new income tax rates or income tax slabs were effective from April 01, 2011.
Author: Suzanne Shwartz
Government of India had increased the basic personal income tax exemption limit from Rs. 3,000 to Rs. 3,000 for Financial Year 1963-1964 and Assessment Year 1964-1965. The new income tax rates or income tax slabs were effective from April 01, 1963.
Mr. Morarji Desai, the Deputy Prime Minister and 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 1967-1968 on Thursday, May 25, 1967 in New Delhi.
Mr. Arun Jaitley, 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 2015-2016 on Saturday, February 28, 2015 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 160,000 to Rs. 160,000 for Financial Year 2010-2011 and Assessment Year 2011-2012. The new income tax rates or income tax slabs were effective from April 01, 2010.
Mr. Arun Jaitley, 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 2014-2015 on Thursday, July 10, 2014 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 3,000 to Rs. 3,000 for Financial Year 1962-1963 and Assessment Year 1963-1964. The new income tax rates or income tax slabs were effective from April 01, 1962.
Mr. Sachindra Chaudhuri, 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 1966-1967 on Monday, February 28, 1966 in New Delhi.
Mr. Tiruvellore Thattai Krishnamachari, 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 1965-1966 on Saturday, February 27, 1965 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 150,000 to Rs. 160,000 for Financial Year 2009-2010 and Assessment Year 2010-2011. The new income tax rates or income tax slabs were effective from April 01, 2009.