The Union Budget had predicted that the central government could suffer a loss of up to Rs 1 lakh crore due to the increase in the income tax exemption limit to Rs 12 lakh. However, financial experts say that the loss is unlikely to be large.
The Union Budget had predicted that the central government could suffer a loss of up to Rs 1 lakh crore due to the increase in the income tax exemption limit to Rs 12 lakh. However, financial experts say that the loss is unlikely to be large.