Finance Minister is Likely to Raise Income Tax Exemption from Rs 2.5 Lakh to Rs 3 Lakh

Five Reasons Why Finance Minister is Likely to Raise Income Tax Exemption Limit from Rs 2.5 Lakh to Rs 3 Lakh Union Budget 2018-19 is due on February 1st 2018 and in its last regular Union Budget, the NDA-led central government is expected to raise the tax exemption slab from the current 2.5 Lakhs to 3 Lakhs. In Budget 2017, the Finance Minister gave relief to the middle-income group by lowering the tax rate from 10% to 5% for the income tax slab ₹2.5 Lakh – ₹5 Lakh. However, the ministry is talking over on introducing more changes in Union Budget 2018. The focus of Union Budget 2018 seems to be around agriculture and mid-income group and here are five reasons why FM is likely to raise Income Tax Exemption Limit from ₹2.5 Lakh to ₹3 Lakh: Retail Inflation Disposable Income Cost of Living...[More Details]                                                         You have received this mail because you are a member of Fantastic Indiaa. To stop receiving these emails please Unsubscribe

from Gmail
via IFTTT