India unveils income tax bonanza a year before elections
The government will lift the exemption bar to up to 700,000 rupees a year from a previous threshold of 500,000 rupees as it cut the maximum income tax rate to 39% and reduced the highest surcharge to 25% from 37%.
The government will lift the exemption bar to up to 700,000 rupees a year from a previous threshold of 500,000 rupees as it cut the maximum income tax rate to 39% and reduced the highest surcharge to 25% from 37%. 
