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Those earning up to Rs 7 lakh should not pay income tax

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New Delhi:Union Finance Minister Nirmala Sitharaman today presented the Budget for the financial year 2023 in Parliament. The common employees of the country are happy. In this year’s budget ahead of the 2024 Lok Sabha elections, Nirmala Sitharaman has given special income tax exemption to government employees. Finance Minister Nirmala Sitharaman today announced a special relief to the income tax payers of the country.

He hopes that crores of employees in the country will get relief due to the announcement of tax exemption. In a word the employees getting a monthly salary of up to Rs 50,000 will no longer have to pay income tax. Finance Minister Nirmala Sitharaman has been able to satisfy the employees by giving income tax exemption for salaried people.

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