Explained: Income Tax Rule Changes in Budget ‘23
BankBazaar
FEBRUARY 3, 2023
Confused about the changes in income tax rules announced in the latest budget introduced in Parliament on 1 st February, 2023? We’re breaking it down for you. If you’re still a little at sea about the changes in income tax rules announced by the Finance Minister recently, here’s everything you need to know at a glance. The six income tax rule changes announced by FM Sitharaman in Budget 2023 are summarised as follows: Increase in tax rebate limit to ₹7 lakh from ₹5 lakh This means that individua
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