Income Tax Slab 2019-20: Know what was your budget decisions related to earning
After all, the government broke the tradition. In the interim budget, some of these announcements have been made which create confusion once and for all; it is not a complete budget. Interim Finance Minister Piyush Goyal once again went ahead with his achievement on Direct Tax during the budget speech. Then it seemed that there is nothing in the government's pitches for the middle class. But at the end, Piyush Goyal again raised the issue of direct tax and began to declare. What is the discount? Piyush Goyal has not made any changes to the income tax slab. However under the 87 (A) government the government has decided to give rebate. This means that if someone's taxable income is up to Rs 5 lakhs, he will not have to pay any tax. That is, if your total taxable income is Rs 6 lakh and you have invested Rs 1 lakh in 80 C, then no tax will be required on the remaining 5 lakh taxable income remaining. Although, if your taxable income is more than Rs. 5 lakhs then this tax sl...