Government likely to raise IT exemption limit in interim budget, says report
Updated : January 21, 2019 08:46 AM IST
Finance Minister Arun Jaitley is likely to announce the centre's vision for a friendly income tax regime, which may include raising the IT exemption limit from Rs 2.5 lakh per annum and other exemptions, said the report.
The government is still considering whether to bring these changes in the Finance Bill to enable amendments to the IT Act: report
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more