Budget 2019: Industry chamber recommends corporate tax cut, revised individual tax rates
Ficci said in a statement that in its pre-Budget recommendations to the Ministry, it had also suggested a revision in the tax slabs for the individual taxpayers and make the top 30 per cent rate applicable to annual incomes above Rs 20 lakh.
Budget 2019: "The chamber has also suggested revision in the tax slabs for the individual taxpayers with the top 30 per cent rate to be applied beyond Rs 20 lakh annual income." Image source: Reuters