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India Budget 2023 | FM: Personal Income Tax rebate increased to Rs. 7 lakh under new regime

Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 and called it the "first Budget of Amrit Kaal", a reference to 75 years of India's independence. The term 'Amrit Kaal' was first used by PM Narendra Modi in 2021 during the 75th Independence Day celebrations.

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