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Persons with income upto Rs. 7 lakh will not pay income tax in new tax regime: Union Budget

Persons with income upto Rs. 7 lakh will not pay income tax in new tax regime: Union Budget

Feb 01, 2023, at 08:12 pm

New Delhi: With the objective of benefitting the hard working middle class of the country, Union Minister for Finance and Corporate Affairs, Nirmala Sitaraman made five major announcements with respect to personal income tax while presenting the Union Budget 2023-24 in Parliament on Wednesday.