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Government likely to raise IT exemption limit in interim budget, says report

Updated : January 21, 2019 08:46 AM IST

Finance Minister Arun Jaitley is likely to announce the centre's vision for a friendly income tax regime, which may include raising the IT exemption limit from Rs 2.5 lakh per annum and other exemptions, said the report.
The government is still considering whether to bring these changes in the Finance Bill to enable amendments to the IT Act: report
Government likely to raise IT exemption limit in interim budget, says report

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