Union Budget 2016-17: Key announcements by FM Jaitley
Business Today
HomePhotoBudget 2016-17 Union Budget 2016-17: Key announcements by FM Jaitley
Union Budget 2016-17: Key announcements by FM Jaitley
Next
1 of 4
Income tax slabs to remain unchanged
Finance minister Arun Jaitley kept the income tax slabs unchanged for the next fiscal year in Union Budget 2016-17. Meanwhile, ceiling of tax rebate for tax payers with up to Rs 5 lakh annual income is proposed to be raised to Rs 5,000 from Rs 2,000 currently. This relief will Rs 3,000 per annum which will benefit 1 crore tax payers.