Highlights of today’s Union Budget:

Income Tax Rates Cut, Income Between Rs 5 – 7.5 Lakhs Only 10%*
New Personal Tax Regime Budget 2020 Income between
1) Rs 5 to 7.5 lakh tax reduced from 20% to 10%
2) Rs 7.5 to 10 lakh tax reduced from 20% to 15%
3) *Rs 10 to 12.5 lakh reduced from 30% to 20%
4) Rs 12.5 to 15 lakh reduced from 30% to 25%
5) Greater than 15 lakh, 30%
No Tax Upto Rs 5 lakhs on Income

News Edit by KVRaman