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Tag: Finance Minister Arun Jaitley

Here are the key highlights of Union Budget 2014-15

Taxation  highlights:Personal tax exemption limit raised to Rs 2.5 lakh from current Rs 2 lakh for taxpayers below 60 yearsSenior citizens’ tax exemption limit hiked from Rs 2.5 lakh to Rs 3 lakhNo change in surcharge for corporates, individualsEducation Cess to stay at current 3%Investment limit under Section 80C hiked to Rs 1.5 lakh from current […]

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