NIFTY 50

Here's what your new income tax slabs will look like if government accepts task force's proposal

Updated : August 29, 2019 01:17 PM IST

The task force recommendations, if taken up by the government, will boost consumption and give relief to the middle income group.
According to the proposed changes in the personal income tax rates, the task force has recommended "to continue with the minimum exemption limit of Rs 2.5 lakh per annum.
It has also suggested continuing with the tax rebate announced in the interim budget for those with an income of up to Rs 5 lakh per annum.
primo org
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.
cnbc two logos
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

You May Also Like

Live TV