Union Budget 2016: Tax rebate ceiling raised from Rs 2,000 to Rs 5,000 for income below Rs 5 lakh per annum
Union Budget 2016: Tax rebate ceiling raised from Rs 2,000 to Rs 5,000 for income below Rs 5 lakh per annum
- Updated Feb 29, 2016 6:26 PM IST
More than 2 crore taxpayers under the Rs 5 lakh income slab will receive a rebate of Rs 3000 in their tax liability.