Standard Deduction of Rs 40,000 allowed to Salaried Taxpayers

Last updated: 01 February 2018

Relief to salaried taxpayers: standard deduction of Rs 40,000 allowed in lieu of present exemptions 2.5 Crores salaried employees and pensioners to benefit Differently-Abled will continue to get transport allowance at enhanced rate In order to provide relief to salaried taxpayer, the Un

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