Major changes in Income Tax after 1st April, 2018

CS Karan B. Khattri , Last updated: 05 April 2018  
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Tax Exemption limit is Rs.2,50,000/- After that, up to 5 Lakh, Tax rate is 5% (earlier it was 10%). Payment of Rent - Rs.50,000 per month by any Individual or HUF (not subject to Tax Audit requirement) - Deduct TDS @5%. Cess levied on your tax liability has been hiked by 1 percent from the

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Published by

CS Karan B. Khattri
(Practicing Company Secretary and Advocate)
Category Income Tax   Report

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