Wednesday, January 1, 2020

All eyes on Nirmala Sitharaman's second Budget for tax relief

There is a widespread expectation that there could be some relief on this front during the Budget for boosting consumption. Although there was some relief given in the interim Budget in February, it primarily benefited only those whose income was below Rs 5 lakh. It was announced that there will be no tax liability if the net taxable income does not exceed Rs 5 lakh.

from Economy-News-Economic Times https://ift.tt/2QglTMI

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