Relief for employees…Income is meager Rs. Zero tax even if it exceeds 7 lakhs… know how including calculations..
In the new tax system Rs. Individuals with income above 7 lakhs can also get the benefit of zero income tax. Under this, those earning up to Rs.7.27 lakh can get zero tax benefit. First Published Mar 25, 2023, 3:23 AM IST The Lok Sabha has passed the Finance Bill for the financial year 2023-24. …