Budget 2020: Income tax rates reduced to 10% from 20% for person earning between Rs 5-7.5 lakhs

Announcing it she said, "We propose to bring a personal income tax regime, where income tax rates will be reduced, so now, person earning between Rs 5-7.5 lakhs will be required to pay tax at 10% against current 20%.

Published On Feb 1 2020 1:24PM IST, Last Edited On Feb 1 2020 1:27PM IST Published By Ujjwal Samrat

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