Highlights of Interim Budget 2019-20
February 1, 2019
Income Tax
1. Basic exemption limit not increased to Rs.5,00,000 from present 2,50,000 but relief u/s 87A is increased from 2,500 to 12,500 upto income of Rs.5,00,000. So persons having income exceeding Rs.5,00,000 existing slabs will apply and no relief u/s