"Currently, those with an income of Rs 5 lakhs do not pay any income tax and I proposed to increase the rebate limit to Rs 7 lakhs in the new tax regime," the Finance Minister said while presenting the Budget.
Budget 2023: Find the latest news on Budget 2023, including income tax slabs, the railway budget, senior citizens, corporate, health, education, insurance and more union budget 2023 updates at NDTV.
Education Budget 2023: Under mission Karma Yogi, centres, states and the union territories are implementing capacity-building plans for civil servants. aaa
Union Budget 2023: The use cases of AI currently include biometric identification, facial recognition, criminal investigation, crowd and traffic management, agriculture, healthcare, education, and more. aaa
Budget 2023-24: Union Finance Minister Nirmala Sitharaman announced that the new tax regime will now be the default tax regime. Presenting her fifth Budget 23, "This is the first Budget in Amrit Kaal, " she stated. The Finance Minister while announcing much-awaited Income Tax slabs and rates for salaried employees, she also announced an increase in the income tax rebate limit