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Old vs new income tax regime: Which is better? Here's Chidambaram's take

Summary by Ground News
Union Budget 2023 was presented on February 1 by Finance Minister Nirmala Sitharaman. Chidambaram claimed on Twitter that saving money is no longer important in developing nations. He suggested reducing the number of tax slabs to 5 and raising the threshold for tax exemptions to 3 lakh.

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Live Mint broke the news in New Delhi, India on Thursday, February 2, 2023.
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