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Tag Archives: tax structure

Modi Govt to Raise Income Tax Exemptions in Budget Presentation

June 13, 2014 Leave a comment

Prime Minister Narendra Modi, who vouched for no-tax regime during his electioneering but relented later, is now pondering soaps amounting to tax exemption of up to Rs.5 lakhs for all citizens. Only senior citizens are allowed such exemption under the current tax regime. Now that the new government has come to power, first move by the Narendra Modi government would ...

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