Huge disappointment for middle class: No changes in IT slabs or any other benefits: In a big disappointment for salaried individuals, FM Sitharaman did not announce any change in income tax slabs for 2022-23. The income tax rates for 2022-23 were also not revised.
The finance minister has concluded the budget speech without any mention of any change in personal tax rates/slabs or an increase in any exemption/deduction limits.
The expectations were high with rumours of changes in income tax slabs for 2022-23 and possible standard deduction revision to Read More
The posts listed here are from various news sources and express only early views about Seventh Pay Commission. The SPC report will be published only in April. So dont take these posts for authenticated info.