Zero tax up to Rs 12 lakh taxable income is good news. But you start to lose as soon as you cross that threshold – until your taxable income reaches Rs 12.71 lakh. See the math.

Since Delhi’s first legislative Assembly was constituted in 1952, the national capital has had only eight Assemblies and Chief Ministers. This is because for 37 years, from 1956 to 1993, Delhi’s ...