
ITR utility glitch: Are assessees with income up to ₹7 lakh forced to pay tax?
Finance minister Nirmala Sitharaman gave us a reason to smile during her presentation of the Union budget 2023 when she announced that those with income up to ₹5 lakh do not have to pay any income tax in both old and new tax regimes. She proposed increasing the rebate limit in the new tax regime,…