Unlabelled Budget 2019: If Implemented, Income Tax Exemption Up to Rs 5 lakh Will Benefit Over 3 crore Taxpayers

Budget 2019: If Implemented, Income Tax Exemption Up to Rs 5 lakh Will Benefit Over 3 crore Taxpayers

Budget 2019: If Implemented, Income Tax Exemption Up to Rs 5 lakh Will Benefit Over 3 crore Taxpayers

By February 01, 2019 0

The Finance Minister also proposed to raise the standard deduction for salaried employees from the current Rs 40,000 to Rs 50,000 and a full rebate for individual tax payers earning up to Rs 5 lakh per year.

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