Key IT amendments applicable for AY 2018-19

CA Sachin Agarwal , Last updated: 16 December 2018 Share Follow on Google News

The tax rate for slab of income from Rs.2,50,001/- to Rs.5,00,000/- is reduced to 5% - (It was 10% for A.Y. 17-18). Further there is no any changes regarding tax slab. Tax rebate u/s 87A is reduced to Rs.2,500/- from Rs.5,000/- per year for taxpayers (only for individual resident in India) with t

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About the Author

CA Sachin Agarwal

Chartered Accountant, B.com (Accounting Hons)

I am a qualified Chartered Accountant of Nov 2017 batch with AIR-17 in CA Final and AIR-25 in IPCC. I have completed my graduation in 2016 with honours in Accountancy.

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Key IT amendments applicable for AY 2018-19

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