People with income up to Rs 950,000 can escape tax liability: Goyal

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Last Comment 2019-02-13

2019-02-13

Replying to the debate on the Finance Bill in Lok Sabha, the minister said he did not propose any change in the tax rate but only provided few rebates which will boost spending and help the economy.

https://www.rediff.com/business/report/people-w...

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https://www.desidime.com/discussions/people-with-income-up-to-rs-950-000-can-escape-tax-liability-goyal?page=1#post_5633382

marketdimer

2019-02-13

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goyal can make amount 19 lacs just by editing the rule double the speed. biggrin

https://www.desidime.com/discussions/people-with-income-up-to-rs-950-000-can-escape-tax-liability-goyal?page=1#post_5633672

Mirror

2019-02-13

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Ask your CA instead of altnews, then he will tell how to do this

Rebate on income upto 5 lakh
Rebate on pf investment upto 1.5 lakh
And several other rebates/claims/refunds, so it will be up to 8-10 lakh per year per person
If both husband wife are earning then both can claim it as individual

So a family having such 2 members will pay no tax on 15-20l income per year which is more than enough for any middle class family
Ab bhai inse bhi rich koi ho aur wo bhi bole metoo to fir freeloaders ko subsidy kon dega ji

So yes piyush did sped up relief x2 this time in real