Centre mulls raising tax-free slab to Rs 5 lakh

Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said. At present, taxpayers don’t pay income tax if their taxable income is Rs 2.5 lakh and below. Increasing the threshold […]

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European Shares Retreat On China Concerns

European stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week. Meanwhile, the relaxation of strict curbs has sparked concerns about a new wave of infections in China. The […]

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