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Union Budget

Union Budget 2013-2014: Highlights of Union Budget

 Union Budget 2013-2014. Highlights of Union Budget 2013-14 Presented by P. Chidambaram at Parliament on February 28, 2013. Union Finance Minister P. Chidambaram on February 28, 2013 unveiled the Union Budget for 2013-14 financial year, The budget is aimed at reviving growth amid the country’s worst slowdown in a decade. Highlights of Union Budget 2013-14: […] Continue reading →

Income tax exemption limit raised to Rs 2 lakh

 In Union Budget 2012-13, Finance Minister Pranab Mukherjee raised the Income tax exemption limit. Disappointing a larger section of income tax payers in the country, finance minister Pranab Mukherjee made a very small raise in the exemption limit in his Budget speech. According to the Union Budged 2012-13 the new tax slabs are as follows: […] Continue reading →