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Maroc Maroc - Times of India - Business - 26/Jan 23:52

Income tax relief? Govt looks to raise threshold, restructure slabs

The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden. Concessions for health insurance and pension, and benefits for home loans are being discussed. However, officials prefer maintaining the new tax regime without additional exemptions to avoid complexities resembling the old system.

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