No change in corporate tax rate.
No tax on saving bank interest up to 10,000 for those having income up to Rs 5 lakh.
Tax rate for income above 10 lakh to be 30 per cent
Tax rate for income from 5 to 10 lakh to be 20 per cent
Tax rate for income from 2 lakh to 5 lakh to be 10 per cent
Individual tax payer exemption limit to be raised to Rs 200,000 from Rs 180,000.
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