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Budget 2023: Amid exemption in income tax, picture of 31-year-old tax slab goes viral | WATCH

In the general budget presented today, Finance Minister Nirmala Sitharaman has announced a big relief for taxpayers and has kept income up to 7 lakhs out of tax

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Union Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman has presented the general budget for 2023-24. This time the Finance Minister presented the budget for the 5th time. The common man has been taken full care of in this budget. Big relief has been given to the biggest taxpayers by giving exemption in the tax slab. Now no tax will have to be paid on income up to Rs 7 lakh. Taxpayers will be given this exemption under the new tax system.

In the midst of great relief to the taxpayers, a picture is going viral on social media. This picture is of the tax slabs released during the 1992 budget. The change in tax slabs in 1992 and today can be gauged from this picture.

Watch the viral photo here:

Photo of 1992 tax slab

PV Narasimha Rao’s government in 1992 is called the father of liberalisation in the country. Manmohan Singh, who was the Finance Minister in Rao’s government, presented the budget, which opened the way for economic reforms in the country. In this budget, the tax slab was divided into three parts.

Read Also: Budget 2023: Nirmala Sitharaman outlines 7 priorities, calls them saptarishis

What was tax slab in 1992?

Now, let’s talk about the picture which is in discussion. In this picture shared by a Twitter handle, information about the tax slab of 1992 has been given. Its caption reads New Income Tax Slab in the 1992 Budget. No tax up to Rs 28,000. 20 per cent tax from Rs 28001 to Rs 50000. 30 per cent tax from Rs 5,0001 to Rs 1,0000. 40 per cent income tax on income above Rs 1 lakh. Along with this, a photo of Indian Express has also been shared.

This tweet has gone viral. Till now hundreds of users have liked this picture. A user wondered what will be the tax on 10 lakhs.

What is the tax slab today?

In the general budget presented on February 1, 2023, Finance Minister Nirmala Sitharaman has announced a big relief for taxpayers and has kept income up to 7 lakhs out of tax. Under the new income tax slab, taxpayers will not have to pay any tax on income between 0 to 3 lakh rupees. 5 per cent for Rs 3 to 6 lakh, 10 per cent for Rs 6 to 9 lakh, 15 per cent for Rs 9 lakh to 12 lakh, 20 per cent for Rs 12 to Rs 15 lakh and 30 per cent for income above Rs 15 lakh . It is obvious that compared to today’s budget of 1992, the exemption for tax at that time was very less.

Budget 2023: Middle class woes memes flock the social media platforms

Budget 2023: No tax on income up to Rs 7 lakh, revised tax slabs for new regime

India News

Excise policy case: Delhi court extends BRS leader K Kavitha’s judicial custody till April 23

Rouse Avenue court sends BRS leader K Kavitha to judicial custody till April 23 in excise policy case

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In relation to the excise policy case, Delhi’s Rouse Avenue court on Monday sent BRS leader K Kavitha in judicial custody till April 23. After her three days in police custody was completed, Kavitha, the daughter of former Telangana chief minister K Chandrasekhar Rao, was brought before the court by the CBI.

According to the reports, the CBI informed the court at the hearing that the BRS leader did not need to be subjected to any further custodial questioning.

On March 15, Kavitha was taken into custody by the Enforcement Directorate (ED). She was sent to the CBI custody till March 23 after her arrest. On April 11, the CBI took her into custody and placed her in Tihar jail. The BRS leader had requested temporary relief because her son had an exam, and a Delhi court had previously set its judgment for April 9.

Kavitha was called in for questioning several times prior to her arrest, but she skipped at least two of those summonses. Kavitha was questioned three times in the previous year, and her statements were recorded by the central agency in accordance with the Prevention of Money Laundering Act (PMLA).

The Aam Aadmi Party (AAP) was allegedly paid Rs 100 crore in kickbacks to influence the excise policy in favour of a liquor lobby, according to documents linked to a land deal and WhatsApp conversations that were found on a co-accused Buchi Babu’s phone during Kavitha’s recent three days in CBI custody.

Following AAP leaders Manish Sisodia and Sanjay Singh, the BRS leader was the third popular politician to be taken into custody in connection with the investigation. Kejriwal was the first chief minister in office to be arrested in this matter on March 21.

The Enforcement Directorate claims that Kavitha belonged to the South Group, which gave AAP leaders bribes totaling Rs 100 crore in exchange for nine retail zones under the since-canceled program. The names of other members of the group had also been made public by the investigation agency: Magunta Srinivasulu Reddy, MP for the Yuvajana Sramika Rythu Congress Party (YSCRCP); his son Raghav Magunta; Sarath Reddy, founder of the Aurobindo Group; and Sameer Mahendru, a businessman from Delhi.

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Lawrence Bishnoi’s brother claims credit for firing incident outside Salman Khan’s house

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Anmol Bishnoi, the brother of gangster Lawrence Bishnoi, is said to have accepted responsibility for shooting outside Salman Khan’s house on Sunday. Anmol, who is apparently hiding in the US and is wanted in India, allegedly posted on social media, calling the actor’s firing only a trailer and delivering a warning.

In his alleged facebook post, Anmol said, peace is what they seek. If the only decision against oppression is war, then so be it. He further said giving warning to Salman Khan that they have only shown you a trailer so that the actor can understand the magnitude of their strength and do not test it.

He continued saying, this is the first and last warning. After this, shots will not be fired outside the house only. He said that he h as kept two dogs whom he had named after named after Dawood Ibrahim and Chota Shakeel. He claimed that Salman Khan considers them as his Gods. Concluding the post Anmol said, he dosen’t have the habit of talking much.

This incident occurred when two unidentified guys riding bikes fired four rounds of gunshots outside Salman Khan’s Bandra residence in Mumbai early on Sunday morning. The incident occurred at roughly 4.51 am outside of Galaxy Apartments. However, no one was injured in the incident.

However, Salman Khan’s father, Salim Khan responded to the incident and said, that everything is gin and no one is injured.

As per the early investigation the bullets were fount in the balcony of Salman Khan’s house.

Meanwhile, the actor’s security has been stepped up and the police are closely monitoring the situation. The crime branch, local police and forensic teams visited the spot for further probe and recovered shells of bullets fired outside Khan’s house.

In addition, Salman Khan has been granted permission to carry a personal firearm for protection.

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Gunshots fired outside Salman Khan’s Galaxy Apartment in Bandra, Mumbai Police investigates

A firing incident took place outside Salman Khan’s home in Bandra today, and investigation is currently underway.

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Early in the morning, gunshots were heard outside Salman Khan’s Bandra house. An unidentified person fired a gun into the air while riding a bike about five in the morning. Police are currently looking into the matter and conducting searches.

It has been reported that two men fired bullets outside Salman’s Galaxy Aparetment at around 5:00 am. A gunshot fire was found close to the air conditioner mounted on the wall beside it. An investigation has been launched by Mumbai Police to identify the gunman. The forensic team and the crime branch also arrived at the location.

However, there are currently no reports of injuries. The security around Salman Khan’s home has been inxcreased, according to the police. On the other side, the Bandra Police Station has received an official complaint (FIR) against unidentified attackers. DCP has also arrived at the location. Images of the two suspects who opened fire at Salman’s house on the bike appeared. In the images, the two accussed can be seen wearing helmets to prevent identification. Salman’s home has CCTV installed, and the image was taken using it.

This is not the first time that Salman Khan has been attacked or threatened. Several people have threatened to kill him. Gangster Lawrence Bishnoi had planned ahead of time to use his goons to attack the Bollywood actor. The man who was given the idea to kill Salman Khan is none other than Naresh Shetty, the mentor of mobster Kala Jathedi and the most important person in Bishnoi’s gang.

In addition, mobster Sampat Nehra had set up camp in Mumbai for a few days in order to attack Salman Khan. Not only that, but after escaping, infamous mobster Kala Jathedi also made Mumbai his home. At one point or another, all of these mob figures resided in Mumbai’s Vaasi area.

Meanwhile, on the occasion of Eid, Salman Khan frequently waves to his followers from the balcony of his first-floor Galaxy Apartment.

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