Budget 2019: Big relief! No ‘Income Tax’ for individual taxpayers having annual income upto Rs 5 lakh; 3 crores to receive benefit
Speed News Desk
| Updated on: 1 February 2019, 13:16 IST
Big relief to middle class people by NDA led BJP government. Acting Finance Minister Piyush Goyal announced no ‘Income Tax’ for individual taxpayers having annual income upto Rs 5 lakh. Over 3 crore people to recieve benefit out of this.
FM Piyush Goyal: Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities https://t.co/0zphKNVt2I
— ANI (@ANI) February 1, 2019
"Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities," said Piyush Goyal in the Parliament during budget 2019-20.
First published: 1 February 2019, 12:46 IST