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Budget 2019: Swaminathan Aiyar take on tax exemption for 5 lakh slab

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The budget announced several measures for middle-class taxpayers. The key highlight was the tax exemption of income up to Rs 5 lakh per annum. The tax exemption is aimed to boost the disposable income and purchasing power in the hands of a taxpayer. How was the Finance Minister able to give such a waiver and which segments benefits the most. Swaminathan Aiyar, Consulting Editor, The Economic Times Explains

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Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service