May a good source be with you.

Interim Budget: Persons With Annual Income Upto Rs 5 Lakh to Get Full Tax Rebate

The Finance Minister announced in the Parliament today.

Reading out the interim budget, Finance Minister Piyush Goyal announced in the parliament that persons with an annual income of Rs 5 lakh will get full tax rebate.

It was widely expected that the government would make such an announcement in order to placate the middle class ahead of the Lok Sabha elections.

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