Union Budget 2023 Expectation: Govt likely to raise income tax exemption limit to Rs 5 lakh

The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the forthcoming budget for 2023-24, sources privy to developments said.

Updated on: December 29, 2022, 01.23 PM IST
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