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Budget 2020-21: Personal Income Tax & Simplification of Taxation
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Budget 2020-21: Personal Income Tax
Those earning up to Rs 5 lakhs are exempt from paying taxes
10% tax for everyone earning Rs 5 - 7.5 lakhs against the current 20%
15% tax for everyone earning Rs 7.5 - 10 lakhs against current 20%
20% tax for everyone earning Rs 10 - 12.5 lakhs against current 30%
25% tax for everyone earning Rs 12.5 - 15 lakhs against the current 30%
Those earning more than Rs 15 lakhs get no exemptions
Rajya Sabha TV | RSTV
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Budget 2020-21 budget presentation 2020 budget 2020 budget presentation budget for new india budget to boost economy budget big takeaways from budget 2020-21 Budget session 2020 Union Budget 2020 RSTV Rajya Sabha TV Budget announcement on Personal Income Tax new tax slabs announced in budget tax cut in budget 2020 tax cut announcement in Budget 2020 Nirmala Sitharaman's budget speech new tax rates in budget
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