FM Announces No Tax Liabilities For Taxpayers With Income Up To ₹7 Lakh Under New Tax Scheme

FM Announces No Tax Liabilities For Taxpayers With Income Up To ₹7 Lakh Under New Tax Scheme

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Business Today
  • Updated Feb 1, 2024 2:36 PM IST

 

Finance Minister Nirmala Sitharaman unveils a new tax scheme, declaring no tax liabilities for taxpayers with an income of up to ₹7 lakh. This announcement reflects a significant step in providing relief and simplifying the tax structure for a broader segment of the population.

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