Union Budget: Tax slabs remain unchanged

Walking a tight rope ahead of next year`s General Elections, Finance Minister P Chidambaram on Thursday did not tinker with the Income Tax slabs or rates while presenting the Union Budget 2013-14 in the Lok Sabha. As part of his tax proposals, he gave a benefit of Rs 2,000 to individual tax payers with taxable income of up to Rs 5 lakh.

Feb 28, 2013, 18:05 PM IST