Latest News on Standard Deduction
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Standard Deduction - Total results - 4
Mar 30, 2018
Long-term capital gains tax, other Budget proposals to kick in on 1 AprilOther tax proposals like the reduced corporate tax of 25 percent on businesses logging a turnover of up to Rs 250 crore will come into effect from 1 April.
Feb 01, 2018
Budget 2018: From standard deduction to health and education cess, how Arun Jaitley changed your money lifeThis standard deduction given in budget was in lieu of exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses
Jan 31, 2018
Budget 2018: Will Arun Jaitley offer a surprise income tax cut to salaried employees?In the upcoming budget, the overall exemption limit available to salaried employees under various sections of Income Tax Act needs a re-look to broaden the scope for savings
Jan 09, 2018
More tax breaks for middle class likely in Budget as finance ministry mulling hike in exemption limitIn the last Budget, Finance Minister Arun Jaitley left the slabs unchanged but gave marginal relief to small tax payer by reducing the rate from 10 percent to 5 percent for individuals having annual income between Rs 2.5-5 lakh.