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Finance Minister Nirmala Sitharaman is presenting the Union Budget for 2023 in the Parliament. This is the last full-year budget before the national elections in 2024, announcing a series of tax reliefs, Nirmala Sitharaman has give a huge relief to and announced six tax slabs and rebate has been extended on income up to Rs 7 lakh.
An employee who was extremely happy with the tax rebate deliberately ruined his year end appraisal to make sure his salary remains within 7 lakhs slabs. Reportedly, the employee’s salary was 6.8 Lakh and any positive appraisal has would have made him fall in a tax slab.
Speaking to The Fauxy, the employee said “I don’t like making fake bills and investing in PPF or taking home loans, hence, I don’t want to be under tax slab and i’ll make sure that in next appraisal also I fall within no tax limit”.
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[ Disclaimer: With inputs from The Fauxy, an entertainment portal. The content is purely for entertainment purpose and readers are advised not to confuse the articles as genuine and true, these Articles are Fictitious meant only for entertainment purposes. ]