The budget, which the salaried class was keeping much expectations was an absolute disappointment. The only relief was IT exemption being raised to just Rs 2 lakh. But the hike is very less compared to what the Standing Committee on Finance has recommended. The committee has recommended to the government that individuals earning between Rs 3 and Rs 10 lakh should pay 10% tax, those earning between....
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The posts listed here are from various news sources and express only early views about Seventh Pay Commission. The SPC report will be published only in April. So dont take these posts for authenticated info.