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Assocham seeks removal of tax on educational items in Budget

Last Updated: Wednesday, February 25, 2015, 14:48

Industry body Assocham on Wednesday said the Centre should look at exempting all educational products, used by school and college students, from both central and state taxes.

Salaried people wants IT exemption limit to be Rs 3 lakh: Assocham

Last Updated: Thursday, February 19, 2015, 17:42

Hike in personal income tax exemption limit to Rs.3 lakh, deduction for housing loans up to Rs.5 lakh and upward revision in the medical reimbursement allowance are among the main expectations of salaried individuals from the budget 2015-16, the first full-fledged from the Narendra Modi government, according to an ASSOCHAM survey.