Earning Income Up To Rs 12 Lakh? Do You Still Need To File ITR

Business

⚡Earning Income Up To Rs 12 Lakh? Do You Still Need To File ITR

By Gaurav Krishna

Earning Income Up To Rs 12 Lakh? Do You Still Need To File ITR

In a welcome move for the middle class, Union Finance Minister Nirmala Sitharaman announced in her eighth consecutive Union Budget that individuals with incomes up to INR 12 lakh will not have to pay any income tax. This announcement brings significant relief, especially to salaried individuals.