Friday, July 20, 2012

Employees earning up to Rs.5 lakh annually exempt from filing tax return | ummid.com

Employees earning up to Rs.5 lakh annually exempt from filing tax return | ummid.com
Employees with annual income up to Rs.5 lakh are not required to file tax return from the assessment year 2012-13, if there is no other income and his/her salary is from one employer, the finance ministry said Friday.