Budget 2023: Take a look at top 5 announcements in personal Income Tax

As per the FM’s proposal, individuals earning up to Rs 7 lakh will have to pay no tax under the New Regime.

Finance Minister Nirmala Sitharaman’s Budget Speech had several proposals for the benefit of taxpayers in the lowest and highest tax brackets. As per the FM’s proposal, individuals earning up to Rs 7 lakh will have to pay no tax under the New Regime.

Let’s take a look at top 5 announcements from Budget 2023-24 for personal Income Tax