New Delhi, Jul 10
(PTI) Salaried
class has got something to cheer with Finance Minister Arun Jaitley today
raising tax exemption limit to Rs 2.5 lakh from Rs 2 lakh, providing a relief
of Rs 5,000.
"I propose not to
make any changes in the tax rate. However, with the view to provide relief
to small and marginal and senior citizen, I propose to increase the personal
income tax exemption limit by Rs 50,000 from Rs 2 lakh to Rs 2.