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FM says no income tax for people earning up to Rs 7.27 lakh per annum under new tax regime - Vimarsana News

FM says no income tax for people earning up to Rs 7.27 lakh per annum under new tax regime

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Source: theweek.in
FM Says No Income Tax For People Earning Up To INR 7.27 Lakh Per Annum Under New Tax Regime - Vimarsana News

FM Says No Income Tax For People Earning Up To INR 7.27 Lakh Per Annum Under New Tax Regime

UDUPI (KARNATAKA) — Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people,

FM Nirmala Sitharaman's BIG Announcement: 'No Income Tax For People Earning Up To THIS Much Per Annum Under New Tax Regime' - Vimarsana News

FM Nirmala Sitharaman's BIG Announcement: 'No Income Tax For People Earning Up To THIS Much Per Annum Under New Tax Regime'

FM in a tweet said, ''Under the new regime, there is no income tax to be paid for annual income up to Rs 7 lakh, which effectively increases to Rs 7.27 lakh with marginal relief provisions.''

Source: india.com