This Deduction was introduced in the budget of 2018. Because of this deduction, the people who earn a monthly salary can claim a fixed deduction of Rs.40 thousand from their total income. It results in the reduction of tax liability. Because of this deduction, the income tax can reduce up to Rs.12,000.
Showing posts with label Standard Deduction to Salaried Persons in Budget 2018. Show all posts
Showing posts with label Standard Deduction to Salaried Persons in Budget 2018. Show all posts
Saturday 13 October 2018
Subscribe to:
Posts (Atom)