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Economic Times Jumped the Gun on Income Tax Slab

Budget 2019 IT slab

Even before the Finance Minister Piyush Goyal could complete the Budget Speech of 2019, Economic Times, an English daily concluded that Finance Minister Piyush Goyal did not touch the income tax slab changes belying the expectation of middle class.

Here is the screenshot of the news:

The above news by the Economic Times scored a self-goal when Finance Minister Piyush Goyal not only touched the income tax slab but also increased the exemption to Rs. 5 Lakh, a historic decision which will provide tax exemption to 3 crore middle class tax payer.

Economic Times has however corrected the mistake by the time this article was written.