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Income Tax Bar May Be Raised In Budget To Revive Economy: Report

Proposed tax move to put at least Rs 2,500 more in hands of taxpayer Any tax exemptions will add stimulus to economy Economic growth hit a five-year low of 5.8% in January-March period

Any tax exemptions will add stimulus to an economy that's slowed sharply this year
Any tax exemptions will add stimulus to an economy that's slowed sharply this year
India is considering increasing the personal income tax threshold in next month's budget, according to people familiar with the matter, as authorities seek to kickstart consumption in the economy.
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