(Image: Freepik) Given the favorable bias towards the ... 50 lakh but under the new tax regime it has been increased from Rs 3 lakh to Rs 4 lakh. The first tax slab rate of 5% will apply to ...
Customs and Union Excise Duty are forecast to grow at rates between 2-3%. Personal Income Tax and CGST are forecast to grow faster than the assumed growth in GDP – at 11% and 14% respectively.
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