Union Budget 2014: Know how much will you actually save after new tax benefits

Presenting the Union Budget 2014 today, Finance Minister Arun Jaitley announced a series of changes and schemes. Strictly talking about the tax structure, not many reforms were noticed.

Though status quo has been maintained in the income tax rate in the country, the personal income tax exemption limit was raised from Rs. 2 lakh to Rs. 2.50 lakh, the earlier limit.

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