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Showing posts with label Income Tax New additional deduction as Standard Deduction Rs.40. Show all posts
Showing posts with label Income Tax New additional deduction as Standard Deduction Rs.40. Show all posts

Thursday 13 September 2018

As per the latest Finance Budget 2018-19, it appears that the Tax Slab as same as the previous Financial Year, but one most profitable section has introduced by this Finance Budget, " Standard Deduction Rs.40,000/-.

The Salaried persons can reduce their tax burden for the financial year 2018-19. More one good news for Sr.Citizen that the exempt U/s 80TTB up to Rs. 10,000/- which is also newly introduced by this Finance Budget

Sunday 2 September 2018

1. No change in income tax slabs for individuals