FM Arun Jaitley could raise income tax exemption limit to Rs 3 lakh in Budget
The lowest slab will cover those in the Rs 3 lakh-Rs 10 lakh bracket and they will be charged 10 per cent. Earlier, the lowest slab extended up to Rs 5 lakh.
New Delhi Last Updated: January 23, 2015 | 09:16 IST
Union Finance Minister Arun Jaitley during the 'An Insight, An Idea' session at the World Economic Forum Annual Meeting in Davos, Switzerland, on Thursday.