The central government has given relief to the employed citizens in the budget, income up to Rs 12 lakh has been made tax free. There will be no tax on income up to Rs 12.75 lakh. Income above Rs 12 lakh will be taxed. Tax rebate and exemptions… New Delhi. The central government has given … Continue reading Tax exemption on income of ₹ 12 lakh is a rebate and not an exemption, what is the difference between the two