Cases where tax to be paid even if Income is below Rs 5 lakhs
In Finance Act 2019 finance minister of India has announced that no tax will be paid on Total Income up to Rs. 5 lakhs. There is misconception that the income tax slabs have been increased for FY 2019-20 (AY 2020-21) , whereas As per Finance act 2019, rate of the income tax are same .… Read More »