January 15, 2024 4:01 PM
Finance Act 2023 amends section 87a, no tax liability for incomes up to Rs 7 lakh
The Ministry of Finance announced a major development in personal income tax benefits through a post on X, indicating the fulfilment of promises made in the Finance Act, 2023. As per the latest amendment to Section 87A of the Income-tax Act, 1961, in...