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.
More than 16.63 crore voters including 8 crore men and women each are being expected to cast their votes today.
Irani stressed women are excelling in all the fields.
Women know companies have a legislative framework of giving 26 weeks of maternity leave but they are scared to use it, says Irani
In positions which involve power and money, the advancement is a bit stagnated, says Union minister
More than 16.63 crore voters including 8 crore men and women each are being expected to cast their votes today.
Irani stressed women are excelling in all the fields.
Women know companies have a legislative framework of giving 26 weeks of maternity leave but they are scared to use it, says Irani
In positions which involve power and money, the advancement is a bit stagnated, says Union minister
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