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Showing posts with label the Union Budget of 2019 looks in favour of the salaried class For F.Y. 2019-20 with Automated Income Tax Master of Form 16 Part B for F.Y. 2018-19. Show all posts
Showing posts with label the Union Budget of 2019 looks in favour of the salaried class For F.Y. 2019-20 with Automated Income Tax Master of Form 16 Part B for F.Y. 2018-19. Show all posts

Wednesday, 3 April 2019

The Union Budget of 2019 looks for the salaried class this time. Piyush Goyal is delegated as the between time fund serve in light of the fact that Arun Jaitley is experiencing treatment in the United States. On one hand, Piyush Goyal proposed to build a Standard Deduction of Rs 50,000/ - which will be deducted from the assessable salary of workers which is a reference to the salaried class. Then again, there is no adjustment in the Tax piece, anyway the refund u/s 87A is been changed to Rs.12,500/ - from existing Rs.2500/-.