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India Today-Business Today s Budget Roundtable to be held today: Best Media Info

Income tax - No tax on income up to Rs 7 lakh, standard deduction allowed under new tax regime

Sitharaman also allowed a Rs 50,000 standard deduction to taxpayers under the new regime, where assessees cannot claim deductions or exemptions on their investments

Analytics, AI and stricter norms behind record GST collections

The trend is only expected to amplify further in the months ahead, experts say.

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