PM Narendra Modi with ministers (Photo Credits: PIB) New Delhi, June 30: The Modi government may raise the current basic income tax exemption limit for an individual income taxpayer from Rs 2.5 lakh in the Union Budget 2019-20, according to a KPMG survey. The KPGM conducted a survey which includes responses from 226 respondents spanning across industries. A whopping 74 per cent of the respondents felt that the government would raise the income tax exemption limit.
According to the survey, 58 per cent said the government would consider a new 40 per cent tax slab for those earning above Rs […]
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