Tax exemption limit raised to 2 lakhs.
SL NO | Income | Tax Rate (in %) |
1 | Upto 2 lakhs | 0 |
2 | 2 – 5 lakhs | 10 |
3 | 5 – 10 lakhs | 20 |
4 | Above 10 lakhs | 30 |
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The Slab up to 2.oo Lakh is good for the centrel Govt employees but the limit of Saving should also be increased that will help the low paid employees to earn the livelihood in these hard days. It is my personal comments