Full Tax Rebate On Annual Income Up To Rs 5 Lakh, Says Piyush Goyal

Union Minister Piyush Goyal on Friday proposed a full tax rebate for individuals with income up to Rs 5 lakh. The income tax proposal will benefit three crore taxpayers, Mr Goyal said while presenting the interim Budget for 2019-20 in Parliament. “Because of major tax reforms undertaken by us during the last four and half years, both tax collections as well as the tax base have shown significant increase and we have made progress tow...