Friday, February 29, 2008

Personal income TAX exepmtion limit raised... hurrah!

Many tax payers who paid less than 4000 or near 4000 as TAX last year will now need not pay even that amount,as relief of Rs4000 has been given to male tax payers and slab raised to 1.5lacs and 1.8lacs for women.
This is a welcoming decision and i hope this is implemented soon for 08-09.
Congrats to all Tax payers!

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