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I-T exemption limit set to be
Rs 5 lakh
 Monthly diesel hike of 50 paisa to continue
No increase in LPG cylinder rates
New Delhi, June 13
In a major bonanza for the salaried class, the government is likely to raise the income tax exemption limit from the current Rs 2 lakh to Rs 5 lakh in the Union Budget in July.
The hike in income tax exemption limit will be a big relief for the salaried class. Under the current slabs, no tax is charged on income up to Rs 2 lakh which will go up to Rs 5
lakh.
17 nations to accept Indian engg degrees
New Delhi, June 13
Indian students with accredited technical education degrees will now find it easy to get academic recognition and jobs in 17 major nations across the world, including the US, the UK, Canada, Australia, Japan, Korea, New Zealand, Singapore, South Africa, Turkey and Russia.
After years of struggle, India today gained the status of permanent signatory to the Washington Accord (WA), a global agreement that covers mutual recognition in respect of tertiary-level engineering qualifications among the signatory countries.
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The Brihanmumbai Municipal Corporation (BMC) will begin demolishing the illegal flats at Campa Cola Compound from June 17 after a deadline set by the Supreme Court for its inhabitants to vacate the premises expired on Thursday.