Highlights of Budget 2018-19
Detailed provisions related to Direct taxes in Budget 2018
Rates of income tax for income of AY 2018-19: Cess increased
Budget 2018 Speech by FM : Arun Jaitley
Detailed provisions related to Direct taxes in Budget 2018
Rates of income tax for income of AY 2018-19: Cess increased
Budget 2018 Speech by FM : Arun Jaitley
Payments exceeding Rs. 10,000/- in cash to be disallowed
Corporate tax reduced to 25% : Govt foregos 7000 crore revenue
Standard Deduction of Rs 40,000 allowed to Salaried Taxpayers
Exemption of interest income on deposits increased to Rs 50,000 for senior citizens
LTCG on equity introduced at 10%
E-assessment to be rolled out across the country
Corporate tax reduced to 25% : Govt foregos 7000 crore revenue
Standard Deduction of Rs 40,000 allowed to Salaried Taxpayers
Exemption of interest income on deposits increased to Rs 50,000 for senior citizens
LTCG on equity introduced at 10%
E-assessment to be rolled out across the country
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