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Budget 2023: Major Changes In New Tax Regime

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  • Published On: February 01, 2023
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The central government today made a much-awaited mega announcement on increasing the income level up to which no income tax is payable: ₹ 7 lakh a year from the 2023-24 financial year. It was Rs 5 lakh so far. But there is a caveat: This change is only for those who choose the New Tax Regime. 
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