Why did government increase income tax exemption from ₹7 lakh to ₹12 lakh? FM Nirmala Sitharaman explains
Feb 2, 2025 7:11 PM IST
Nirmala Sitharaman announced an increase in income tax rebate from ₹7 lakh to ₹12 lakh, aimed at reducing tax burdens for ₹1 lakh monthly earners.
Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, Sunday, Feb. 2, 2025.
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News india news Why did government increase income tax exemption from ₹7 lakh to ₹12 lakh? FM Nirmala Sitharaman explains