Finance Minister Confirms: Annual Income up to 9.5 Lakh can escape Tax liability
R Sinduja
News Editor
Image Credit: Shortpedia
Finance Minister Piyush Goyal has proposed the finance bill which targets at helping the poor and middle-class people who live on a tight budget. The Minister says that the proposal to raise standard deductions and hiking TDS limit will be a relief to the senior citizens. Now, people earning up to 9.5 lakh per annum can escape the income tax by utilizing the saving schemes & farmers will be given income schemes.
