Government of India had increased the basic personal income tax exemption limit from Rs. 1,500 to Rs. 1,500 for Financial Year 1947-1948 and Assessment Year 1948-1949. The new income tax rates or income tax slabs were effective from August 15, 1947.
Tag: Government of India
Government of India had increased the basic personal income tax exemption limit from Rs. 30,000 to Rs. 35,000 for Financial Year 1994-1995 and Assessment Year 1995-1996. The new income tax rates or income tax slabs were effective from April 01, 1994.
Government of India had increased the basic personal income tax exemption limit from Rs. 28,000 to Rs. 30,000 for Financial Year 1993-1994 and Assessment Year 1994-1995. The new income tax rates or income tax slabs were effective from April 01, 1993.
Government of India had increased the basic personal income tax exemption limit from Rs. 22,000 to Rs. 28,000 for Financial Year 1992-1993 and Assessment Year 1993-1994. The new income tax rates or income tax slabs were effective from April 01, 1992.
Government of India had increased the basic personal income tax exemption limit from Rs. 22,000 to Rs. 22,000 for Financial Year 1991-1992 and Assessment Year 1992-1993. The new income tax rates or income tax slabs were effective from April 01, 1991.
Government of India had increased the basic personal income tax exemption limit from Rs. 18,000 to Rs. 22,000 for Financial Year 1990-1991 and Assessment Year 1991-1992. The new income tax rates or income tax slabs were effective from April 01, 1990.