February 28, 2011 2:12 PM
Union Budget for 2011-12: Increase in IT exemption Limit, lowering of qualifying age for tax relief for senior citizens
The Union Budget for 2011-12 has proposed increase in the Income Tax Exemption Limit by 20,000 rupees and lowering of qualifying age for tax relief for senior citizens from 65 to 60.Presenting the Budget in the Lok Sabha today, Finance Minister Pranab Mukherjee proposed to increase the Income Tax Ex...