Nil Tax for Individuals Earning up to ₹1.2 Million Annually: Nirmala Sitharaman

INDIVIDUALS earning up to ₹1.2 million annually will not have to pay any income tax under the new tax regime as finance minister Nirmala Sitharaman on Saturday (01) gave relief to the middle class by raising exemption limit and rejigging slabs. For salaried employees, this nil tax limit will be ₹1.27 million per annum, after… <a class="more-link" href="https://www.indiaweekly.biz/new-income-tax-slabs-nirmala-sitharaman/">Continue reading <span class="screen-reader-text">Nil tax for individuals earning up to ₹1.2 million annually: Nirmala Sitharaman</span></a>