Government of India had increased the basic personal income tax exemption limit from Rs. 50,000 to Rs. 50,000 for Financial Year 1999-2000 and Assessment Year 2000-2001. The new income tax rates or income tax slabs were effective from April 01, 1999.
Author: Suzanne Shwartz
Mr. Chintaman Dwarakanath Deshmukh, 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 1955-1956 on Monday, February 28, 1955 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 1,500 to Rs. 1,500 for Financial Year 1950-1951 and Assessment Year 1951-1952. The new income tax rates or income tax slabs were effective from April 01, 1950.
Mr. Yashwant Sinha, 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 2002-2003 on Thursday, February 28, 2002 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 40,000 to Rs. 50,000 for Financial Year 1998-1999 and Assessment Year 1999-2000. The new income tax rates or income tax slabs were effective from April 01, 1998.
Mr. Chintaman Dwarakanath Deshmukh, 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 1954-1955 on Saturday, February 27, 1954 in New Delhi.
Mr. Chintaman Dwarakanath Deshmukh, 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 1953-1954 on Friday, February 27, 1953 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 40,000 to Rs. 40,000 for Financial Year 1997-1998 and Assessment Year 1998-1999. The new income tax rates or income tax slabs were effective from April 01, 1997.
Mr. Yashwant Sinha, 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 2001-2002 on Wednesday, February 28, 2001 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 1,500 to Rs. 1,500 for Financial Year 1949-1950 and Assessment Year 1950-1951. The new income tax rates or income tax slabs were effective from April 01, 1949.