Monday, February 28, 2011

Budget 2011-12 will be declared on to-day i.e. 28.02.2011 at 11.00 a.m.

Friends,  Union Budget 2011-12 will be declared on 28.02.11 at 11.00 a.m. by the Finance Minister Sh. Pranab Mukherjee  in the Lok Sabha.  It is assumed that the basic exemption limit for all persons will be increased up to 1,80,000/- in place of Rs. 1,60,000/- for man.

Finance Minister Sh. Pranab Mukherjee has already committed to increase basic limit up to 2.00 Lakh in Direct Tax Code (DTC) which will be implemented w.e.f. 01.04.2012.

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