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In a big disappointment for salaried individuals, FM Sitharaman did not announce any change in income tax slabs for 2022-23. The income tax rates for 2022-23 were also not revised.
In what comes as a disappointment for salaried individuals, the Union Budget 2022-23 made no tax concessions. Finance minister Nirmala Sitharaman announced no changes in income tax slabs or rates.