Government of India has increased the basic personal income tax exemption limit from ₹250,000 to ₹250,000 for Financial Year 2019-2020 and Assessment Year 2020-2021. The new income tax rates or income tax slabs are effective from April 01, 2019.
Tag: Government of India
The Government of India has increased basic personal income tax exemption limit from Rs. 1,500 for the Financial Year 1947-1948 and Assessment Year 1948-1949 to Rs. 250,000 for the Financial Year 2020-2021 and Assessment Year 2021-2022.
Government of India has not revised the basic personal income tax exemption limit from ₹250,000 for the Financial Year 2020-2021 and Assessment Year 2021-2022. The new income tax rates or income tax slabs are effective from April 01, 2020.
The Finance Ministers of India, delivered their budget speeches while presenting the Union Budget of India, also called the Indian General Budget, for the Financial Years 1947-1948 to 2019-2020 in New Delhi.
Government of India had increased the basic personal income tax exemption limit from Rs. 18,000 to Rs. 18,000 for Financial Year 1989-1990 and Assessment Year 1990-1991. The new income tax rates or income tax slabs were effective from April 01, 1989.
Government of India had increased the basic personal income tax exemption limit from Rs. 18,000 to Rs. 18,000 for Financial Year 1988-1989 and Assessment Year 1989-1990. The new income tax rates or income tax slabs were effective from April 01, 1988.
Government of India had increased the basic personal income tax exemption limit from Rs. 18,000 to Rs. 18,000 for Financial Year 1987-1988 and Assessment Year 1988-1989. The new income tax rates or income tax slabs were effective from April 01, 1987.
Government of India had increased the basic personal income tax exemption limit from Rs. 18,000 to Rs. 18,000 for Financial Year 1986-1987 and Assessment Year 1987-1988. The new income tax rates or income tax slabs were effective from April 01, 1986.
Government of India had increased the basic personal income tax exemption limit from Rs. 15,000 to Rs. 18,000 for Financial Year 1985-1986 and Assessment Year 1986-1987. The new income tax rates or income tax slabs were effective from April 01, 1985.
Government of India had increased the basic personal income tax exemption limit from Rs. 15,000 to Rs. 15,000 for Financial Year 1984-1985 and Assessment Year 1985-1986. The new income tax rates or income tax slabs were effective from April 01, 1984.