Sharing some of the interesting provisions of budget 2014 which might be of interest
(updating as the news comes in...)
- Investment limit under 80 (C) increased to Rs. 1.5 lakh
- The PPF cap has been raised to 1.5 lakh rupees from the current 1 lakh rupees.
- IT exemption increased to Rs. 2.5 lakh; Rs 3 lakh for senior citizens
- Housing loans exemption increased to Rs 2 lakh
- Surcharge, Cess and tax rates remains the same.
(updating as the news comes in...)
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