It is proposed to increase the rebate limit to Rs 7 lakh in the new tax regime. Thus, persons in the new tax regime, with income up to Rs 7 lakh will not have to pay any tax. The second proposal relates to middle-class individuals. I had introduced, in the year 2020, the new personal income tax regime with six income slabs starting from 2.5 lakh. I propose to change the tax structure in this regime by reducing the number of slabs to five and increasing the tax exemption limit to 3 lakh. Hence, it is not related to indirect tax.
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I. The Election Commission of India has cited urban voter apathy and the i...
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He felt like he was walking on air when his winning number was called and he was handed a pair of autographed boots by the great man himself.
...1. There was a boy named John who was so lazy.
P. One day, he saw that the apple tree in their yard was full of fruits.
Q. So he lay ...
After the economic downturn, the job market looked bleak , with few opportunities for new graduates.
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The impact of the first round of sanctions is (A)/like to be limited, as Western governments are for now (B)/preferring to keep the much larger sanctio...