20 million Indians just got a 50% break on their taxes

A lot of Indians are happy at the moment, because Twenty million of the just got a 50% break on their taxes. According to India;s annual budget rolled out today by Finance Minister Arun Jaitley, tax rate has been slashed from 10% to 5% on income between 250,000 rupees ($3,700) and 500,000 rupees ($7,400). The change means that the roughly 20 million Indians with incomes within that bracket will