InvestorQ : Can individuals expect big tax sops in this budget?
Dhwani Mehta made post

Can individuals expect big tax sops in this budget?

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Khushi Patel answered.
2 years ago
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That seems to be the intent this time around. It looks like the government could increase the tax on the super higher income bracket, shift to a flat rate of tax for lower and middle income groups and do away with tall exemptions in the process and making the entry level tax exemption level much higher. Of course a lot will finally depend on the economics of the move and its revenue implications.

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