How much money can a taxpayer save after the budget depends on one's income. If one earns less than Rs 3.5 lakh per year, tax rebate changes in this budget make no difference. If your annual salary is Rs 5 lakh, you don’t gain by an increment of Rs 15,000, because your tax bill at this level would be Rs 15,000, so you’re effectively back to Rs 5 lakh.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2sYtfYW
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