tax

During the ongoing Budget briefing by Union Finance Minister Nirmala Sitaraman, there is a sight of Relief for all Middle-class earners across the country…  As the country’s major population is middle class, thinking about the middle-class citizens of the country the government has now made certain changes in the tax paying i.e Income tax department.Must Read : After Tunisha, Avneet Kaur to play Shehzaadi Mariam in Ali baba-Daastan-E-Kabul?This now means that a person earning less than or 3 lakhs per annum he/she will now be excluded from paying Income tax annually, on the other hand, the person earning 3-6lakhs a year would be paying 5% of their income to the government, a person earning between 6-9 lakhs would be now paying 10% of their annual income, the one who is earning 12-15 lakhs would be paying 20% and so a person wearing above 15 lakhs would be paying 30% of their income.Further talking about the tax paying system, the Union Finance Minister said,”the Budget for 2023-24