In order to make the exemption less personal income tax regime, Finance Minister Nirmala Sitharaman on Wednesday enhanced the rebate limit to ₹7 lakh in the new tax regime.
“I have five major announcements to make in this regard. These primarily benefit our hard-working middle class,” she said.
“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,” she added.
Jensen Huang says few people know programming as it is not easy, but India has the largest population of programmers in the world
India is committed to delivering world-class AI solutions, and through platforms like Quad, it is taking significant initiatives, says the PM
When you have an expectation or goal and when you achieve that goal you certainly get a feeling of success, says Deepak Mehta, chairman and managing director of Deepak Nitrite.
Jensen Huang says few people know programming as it is not easy, but India has the largest population of programmers in the world
India is committed to delivering world-class AI solutions, and through platforms like Quad, it is taking significant initiatives, says the PM
When you have an expectation or goal and when you achieve that goal you certainly get a feeling of success, says Deepak Mehta, chairman and managing director of Deepak Nitrite.
