Treatment of Standard Deduction Rs 50000 under the New Tax Regime (FY 2020-21 / AY 2021-22)
The Standard Deduction of Rs 40,000 was first made available in Budget 2018 (FY 2018-19 / AY 2019-20). It replaced …
Rs 50000 Standard Deduction from FY 2019-20 | What is the impact on your Taxable Income?
In the Union (interim) Budget 2019-20, the Finance Minister has proposed to provide Rs 50000 Standard Deduction from salary income …
Rs 50000 Standard Deduction from FY 2019-20 | What is the impact on your Taxable Income? Read More »
Income Tax Deductions List FY 2019-20 | List of important Income Tax Exemptions for AY 2020-21
Interim-Budget 2019-20 & the Finance Bill 2019 have been tabled in Parliament. The Income Tax Slab rates have been kept …
Rs 40,000 Standard Deduction from FY 2018-19 | Does it really benefit the Salaried?
In the Union Budget 2018-19, the Finance Minister has proposed to provide Rs 40000 Standard Deduction from salary income to …
Rs 40,000 Standard Deduction from FY 2018-19 | Does it really benefit the Salaried? Read More »