5 adjustments in income tax projected from the budget of this year

The reduction of the corporate tax rate led to the expectation that Finance Minister Nirmala Sitharaman would declare in the budget this year that some relief will be granted to personal income tax. From the rejection of income tax deductions to higher deductions, expectations are high, although cuts to taxes will definitely affect revenues at a time of strained government funding. Experts expect the government to adjust tax on the payment of ....