Finance minister Nirmala Sitharaman has announced income tax exemption for individuals earning up to Rs 12 lakh annually under the new regime, providing a significant tax relief for the middle class. This reform is expected to boost household consumption and savings, though projected to reduce direct tax revenue by Rs 1 lakh crore.
Related Posts
How biscuits helped security forces in operation to eliminate Lashkar-e-Taiba commander
In a significant anti-terror operation in downtown Srinagar, security forces neutralized Lashkar-e-Taiba (LeT) commander Usman. The operation included innovative tactics like pacifying stray dogs with […]
BJP, Cong still occupy Lutyens bungalows despite building HQ & getting land
Two major political parties, BJP and Congress, continue to occupy government bungalows in Lutyens’ Delhi for their offices, despite having built their own headquarters. Notices […]
Rohit on Pant’s ‘fake injury’ during T20 WC final: ‘Genuinely thought …’
India’s T20 World Cup victory over South Africa in Barbados, a moment etched in history, saw Rohit Sharma’s team end a 11-year ICC title drought. […]