For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
Oneindia App Download

Shiv Sena demands raising income tax exemption limit to Rs 8 lakhs

By
|
Google Oneindia News

New Delhi, Jan 31: The Shiv Sena on Thursday demanded that income tax exemption limit be raised from 2.5 lakh to Rs 8 lakh after the Parliament passed the bill to give 10 per cent quota to economically weaker sections.

Shiv Senas Rajya Sabha MP Anil Desai

Shiv Sena's Rajya Sabha MP Anil Desai said a four-member party delegation met Finance Minister Piyush Goyal and gave a memorandum stating that since the government has taken the decision of giving EWS quota to people earning up to Rs 8 lakh, income tax for this group should be waived.

[Middle class, farmers on mind as Govt gets set to present interim budget][Middle class, farmers on mind as Govt gets set to present interim budget]

The government has admitted that people in this income group are poor, so they must be exempted from paying taxes, he said. Currently, income tax is waived for people earning up to Rs 2.5 lakh a year.

PTI

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X