Budget 2023: What is Rebate in Income Tax - Explained

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Finance Minister Nirmala Sitharaman, in the Union Budget 2023-24 presented on Feb. 1, tweaked the slabs to provide some relief to the middle class by announcing that no tax would be levied on annual income of up to ₹7 lakh under the new tax regime.

Ms. Sitharaman presented her fifth Union Budget on February 1, for the year 2023-24. She said that the Budget proposals for this financial year rest on inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power, and the financial sector.

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Where did this explain what rebate is?

yoshitha
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Achha hua aapne samjaya
Nirmala ji ne jo Kaha wo to kisiko samajme hi nahi aaya
We need more like you
Padhega india tabhi to badhega india

ChatGPT_bot
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Middle class people must be rejoicing as income tax exemption is increased to 7 lpa.

anuragtumane
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Kya faayda Hua batane ka ? Aapne English me samjhaya aur madam ne bhi ..to hindi me samajhne wale kaha jaye?

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