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Showing posts with label CHANGES IN INCOME TAX RATES INTERIM BUDGET-2019 FY 2019-20. Show all posts
Showing posts with label CHANGES IN INCOME TAX RATES INTERIM BUDGET-2019 FY 2019-20. Show all posts

Saturday, 2 March 2019

The Major changes within the income tax is as beneath in the Finance Budget 2019.
1. No modification in revenue enhancement slabs
2. No changes in deductions out there to people
3. Normal deduction for salaried staff has been projected to be inflated to Rs 50000 from Rs 40000
4. Rebate from revenue enhancement has been allowed most up to Rs 12500 u/s 87A to assessee having the financial gain up to Rs 500000/-.