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Budget changes in income tax

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29 July 2014 The budget changes in Income tax are come in force from which date? While calculating TDS from salary for the FY: 2014-15(present year) shall we have to consider these changes? eg:- increase of deductions u/s 80C from 1Lakh to 1.5 Lakh.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
29 July 2014 Yes you have to consider it. The changes are applicable for FY 2014-15.

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