Government of India had increased the basic personal income tax exemption limit from Rs. 2,000 to Rs. 3,000 for Financial Year 1958-1959 and Assessment Year 1959-1960. The new income tax rates or income tax slabs were effective from April 01, 1958.
Author: Suzanne Shwartz
Government of India had increased the basic personal income tax exemption limit from Rs. 100,000 to Rs. 100,000 for Financial Year 2006-2007 and Assessment Year 2007-2008. The new income tax rates or income tax slabs were effective from April 01, 2006.
Mr. Pranab Mukherjee, 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 2010-2011 on Friday, February 26, 2010 in New Delhi.
Mr. Morarji Desai, 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 1962-1963 on Monday, April 23, 1962 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 2,000 to Rs. 2,000 for Financial Year 1957-1958 and Assessment Year 1958-1959. The new income tax rates or income tax slabs were effective from April 01, 1957.
Government of India had increased the basic personal income tax exemption limit from Rs. 50,000 to Rs. 100,000 for Financial Year 2005-2006 and Assessment Year 2006-2007. The new income tax rates or income tax slabs were effective from April 01, 2005.
Mr. Pranab Mukherjee, 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 2009-2010 on Monday, July 06, 2009 in New Delhi.
Mr. Morarji Desai, 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 1961-1962 on Tuesday, February 28, 1961 in New Delhi.
Mr. Palaniappan Chidambaram, 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 2008-2009 on Friday, February 29, 2008 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 2,000 to Rs. 2,000 for Financial Year 1956-1957 and Assessment Year 1957-1958. The new income tax rates or income tax slabs were effective from April 01, 1956.