INCOME UP TO 27L TO ATTRACT NO TAX
The Morning Standard|February 02, 2023
PROVIDING the much-awaited relief to taxpayers, Finance Minister Nirmala Sitharaman proposed to increase the income- tax rebate limit to `7 lakh from `5 lakh under the new tax regime and also proposed to revise the tax structure.
INCOME UP TO 27L TO ATTRACT NO TAX

“Currently, those with income up to ̀ 5 lakh do not pay any income tax in both old and new tax regimes. I propose to increase the rebate limit to `7 lakh in the new tax regime. Thus, persons in the new tax regime, with income up to ̀ 7 lakh will not have to pay any tax,” said the Finance Minister while presenting the Budget.

هذه القصة مأخوذة من طبعة February 02, 2023 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 02, 2023 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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