Currently, those with an income of up to Rs 5 lakhs don't pay any income tax. I proposed to increase the tax rebate limit to Rs 7 lakhs in the new tax regime," Sitharaman said while presenting the Union Budget for 2023-24 in Parliament.
Read MoreThe budget allocation to tea tourism wherein the tea estates will be provided with capital infrastructure support for building guest houses/tourist facilities and also undertake non-tea cultivation activities such as agro-forestry, solar power projects etc., to augment their income is appreciated.
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