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Interim Budget 2019: Those in lower income tax brackets to benefit more

The finance minister has proposed a rebate for those who have a taxable income of up to Rs 5 lakh

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BS Reporter
The finance minister has proposed a rebate for those who have a taxable income of up to Rs 5 lakh. The standard deduction has been hiked by Rs 10,000 to Rs 50,000 for all taxpayers. A look at how much tax you will save on implementation of the Budget proposals.