CORPORATE PRESS RELEASES (INDIA) news desk DDN,February 28, 2011 The Union Budget for 2011-12 has proposed increase in the Income Tax Exemption Limit by 20,000 rupees and lowering of qualifying age for tax relief for senior citizens from 65 to 60. In some relief to general tax payers, Finance Minister Pranab Mukherjee on Monday enhanced the tax exemption limit by Rs 20,000 to Rs 1.80 lakh, gave additional benefits to senior citizens ...