Will New Tax Rules Need Parliament Approval? What Nirmala Sitharaman Said
Finance Minister Nirmala Sitharaman has announced a revised tax structure under the new regime that will reduce taxes and leave more money in the hands of the people. She also said during her Budget speech in the Parliament that an annual income of Rs 12 lakh will attract no tax.
Hours after her speech, she addressed a press conference on the Budget, which she said was a response to the 'voice of the people'.
