Big discount on income tax, earning up to Rs 7 lakh tax free
New Delhi. Finance Minister Nirmala Sitharaman gave a big relief to the common man. Under this, now people with income up to Rs 7 lakh will not have to pay any tax. The Finance Minister has also cut the tax rate. Till now the income of Rs 5 lakh was tax free. The Finance Minister made five major announcements for personal income tax.
