Union Budget 2016-17: Key announcements by FM Jaitley
Business Today

Union Budget 2016-17: Key announcements by FM Jaitley

Union Budget 2016-17: Key announcements by FM Arun Jaitley
Income tax slabs to remain unchanged
Finance minister Arun Jaitley kept the income tax slabs unchanged for the next fiscal year in Union Budget 2016-17. Meanwhile, ceiling of tax rebate for tax payers with up to Rs 5 lakh annual income is proposed to be raised to Rs 5,000 from Rs 2,000 currently. This relief will Rs 3,000 per annum which will benefit 1 crore tax payers.
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