Do we need to file income tax return if the income is less than Rs 5 Lakh?

Priya Kashyap , Last updated: 08 June 2019  
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While presenting Budget 2019, the finance minister mentioned that people earning less than Rs 5 lakhs would have to pay no taxes as they would get tax rebate up to Rs 12,500. Many people thought since they have no taxes to pay hence they do not have to file their ITR. There are two problems with

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Published by

Priya Kashyap
(Student)
Category Income Tax   Report

7 Likes   18627 Views

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