What is the 2010 tax exemption limit?

Income Tax India -When is the new basic income tax exemption limit going to come in effect?

  • As per Chidambarams new basic income tax exemption limit when is it going to come into effect? Will the the new government if changed from existing one will have any problem in continuing with the chidambarams budget?

  • Answer:

    For financial year 2008-09, read this http://mytaxes.in/index.php?topic=7.0 For FY 2007-08 (return due on 31st July 2008), read this http://mytaxes.in/index.php?topic=16.0

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