Union Budget 2023: A new 'house for commons', major tax relief for the rich too

Finance minister Nirmala Sitharaman on Wednesday went out of her way to woo the middle class, particularly the salaried — traditional supporters of BJP, but who have at times felt unacknowledged. She announced changes in the personal tax regime that effectively meant anybody with a taxable income below Rs 7 lakh per annum would now have to pay no income tax.

from Times of India https://ift.tt/5gZxkqY