The Rs 7 Lakh Income Tax Exemption; Explained Here
Union Finance Minister Nirmala Sitharaman on Wednesday announced an increase in income tax rebate limit to Rs 7 lakh from Rs 5 lakh in the new tax regime.
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Income Tax Slabs
No Revision in Tax Slabs, ‘Super Rich’ to be Taxed
After giving some cheer to the home buyers, Finance Minister P Chidambaram has disappointed the tax payers and salaried class. Contrary to all expectations, he ruled out revising the tax slabs and preferred to maintain the status quo.…