No tax for individual incomes up to Rs 5 lakh
Friday - February 1, 2019 12:58 pm ,
Category : BUSINESS
New Delhi, Feb 1 (IANS) In a bonanza for the country's middle class in an election year, the government on Friday proposed tax exemption for individual annual incomes of Rs 5 lakh.Presenting the Interim Budget 2019-20, acting Finance Minister Piyush Goyal proposed doubling the standard deduction threshold for individual annual incomes from the current Rs 2.5 lakh to Rs 5 lakh.
--IANS bc/mr
--IANS bc/mr
