BI News, Income Tax Update: There is great news for income tax payers. If you are also troubled by the heavy tax on income, then now the Finance Minister has given you very good news. Giving information, Finance Minister Nirmala Sitharaman has told that now you will not have to pay any tax on income up to Rs 10 lakh. Yes… In Budget 2023, Nirmala Sitharaman had made income up to 7 lakhs tax free, but today we will tell you about such a method, in which you will have to pay zero tax even on income up to 10 lakhs.
Will not have to pay tax on income up to 10 lakhs
If you do tax planning wisely, you can save tax even on income up to 10 lakhs. Tax experts believe that to make income up to 10 lakhs tax-free, you have to opt for the old tax regime.
