Govt considers income tax relief for those earning up to Rs 15 lakh: Report

India may reduce income tax for individuals earning up to Rs 15 lakh annually in the upcoming budget to support the middle class and drive consumption. This potential change, under the 2020 tax system, could alleviate financial pressures on millions and stimulate economic growth, particularly in urban areas struggling with high inflation and living costs. https://ift.tt/Mu6L8zE