Income Tax Bar May Be Raised In Budget To Revive Economy: Report

The proposed tax move could add to pressure on the budget deficit, which is pegged at 3.4 per cent of GDP for the current fiscal year.

Budget 2019 | (c) 2019 Bloomberg | | Updated: June 20, 2019 12:53 IST
Income Tax Bar May Be Raised In Budget To Revive Economy: Report

Any tax exemptions will add stimulus to an economy that's slowed sharply this year