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Certain Tax Reliefs announced for small tax payers and others

Budget - Dated:- 29-2-2016 - While presenting the General Budget 2016-17 in Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley said that the taxation is a major tool available to Government for removing poverty and inequality and this .....

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viduals with income less than ₹ 5 lakhs. He said that above 2 crore tax payers would get a relief of ₹ 3,000. The limit of deduction of house rent paid under section 80GG has also been raised to ₹ 60,000 from the existing ₹ 24 .....

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