Tag: India middle class

Views| India’s shrinking tax base: Could a GST cut have been more effective for the middle-class woes than an income tax waiver – CNBC TV18

[ad_1] The Finance Minister Nirmala Sitharaman’s budget 25-26 proposal to steeply abolish tax for income upto ₹12 lakh sans deduction and exemptions from the existing ₹7 lakh as well as the proposal to bring down sharply the slab rates for those earning more than ₹ 12 lakh together will entail a tax sacrifice of ₹ […]

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