
Big Bonanza for Middle Class: Budget proposes No tax for income up to Rs 12 lakh
New Delhi, Feb 1 (UNI) In a major relief for common man, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no tax payable on income upto Rs 12 lakh a year, up from Rs 7 lakh till now. “I am now happy to announce that there will be no income tax payable…