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.
Which dance form of Uttar Pradesh is among the major dance forms of India?
What was the name of the rocket used to launch Chandrayaan-3?
Famous actor, Naseeruddin Shah was born in which district?
National Sugar Institute is located in which district of Uttar Pradesh?
Neeraj Chopra won the Doha Diamond League with a javelin throw of how many meters?
Which country is the theme country at the 46th International Kolkata Book Fair?
When is World Cerebral Palsy Day celebrated every year?
Chambal river meets Yamuna in?
Recently the Union Home Minister Shri Amit Shah inaugurated the 120 feet tall polo statue in which of the following states of India?
Who has been named as the High Commissioner of India to Bangladesh?