Budget 2018: Changes in Tax Rules
1. customary Deduction of Rs 40,000 for Salaried and Pensioners
2. Transport Allowance & Medical compensation No a lot of tax-exempt for salaried
3. Cess hiked from third-dimensional to four-dimensional (renamed as Health & Education Cess)
4. Rs 50,000 interest financial gain for senior voters tax exempted underneath newly introduced Section 80TTB
