The point to note is that since the new rebate is up to a taxable income of Rs 5 lakh, if anyone earns even little more (say, even Rs 100 more) than this amount, he would have to pay all the taxes, according to the existing slabs.
from Rediff News http://bit.ly/2TxqKIZ
Saturday, 2 February 2019
How Goyal's tax breaks will apply to you
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