Income upto Rs 5 Lakh to get full tax rebate; higher standard deduction proposed
NEW DELHI: Individual taxpayers having taxable annual income up to Rs.5 lakhs will get full tax rebate and therefore will not be required to pay any income tax. While presenting the Interim Budget 2019-20 in Parliament today the Union Minister for Finance, Corporate Affairs, Railways & Coal, Piyush Goyal said “Because of major tax reforms […]