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Income Tax Rate reduced to 5% on income Rs 2.5L-5L

  • Budget 2017 Highlights, Budget 2017 Speech, Budget 2017  Aurn Jaitley Speech, Budget 2017 Result, Budget 2017 Updates, Budget 2017 Live, Budget 2017 Economic Survey, Union Budget 2017
    An invester watches live budget on a screen at the Bombay Stock Exchange in Mumbai

    To much joy of tax payers in the lower brackets of income tax, Finance Minister Arun Jaitley has relaxed the chargeable rates.

  • Budget 2017 Highlights, Budget 2017 Speech, Budget 2017  Aurn Jaitley Speech, Budget 2017 Result, Budget 2017 Updates, Budget 2017 Live, Budget 2017 Economic Survey, Union Budget 2017
    Investers react as they watch the stock prices at a large screen of the Bombay Stock Exchange in Mumbai

    Personal income tax in Rs 2.5 lakh - 5 lakh bracket has been reduced to 5 per cent from 10 per cent

  • Budget 2017 Highlights, Budget 2017 Speech, Budget 2017  Aurn Jaitley Speech, Budget 2017 Result, Budget 2017 Updates, Budget 2017 Live, Budget 2017 Economic Survey, Union Budget 2017
    Investers react as they watch the stock prices at a large screen of the Bombay Stock Exchange in Mumbai on the Union budget day

    Jaitley further announced that there will be zero tax liability to people having annual income up to Rs 3 lakh to avoid duplication of benefits for the Rs 2.5-R 5 lakh tax slab.

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