Draconian Proposal from Mr. Jaitley, Budget 2014
Dear Friends, I am sure you would have read about the proposals in the Union Budget – 2014, presented by the Finance Minister Mr. Arun Jaitley which includes a tax exemption limit increase by 50,000/-, increase in 80C investment limit from 1 to 1.5 lakhs, increase in loss of house property exemption from 1.5 to 2 lakhs and so on. While there has been a slew of good measures from the FM, the proposal...