Big relief to middle class taxpayers, real estate sector gets sweet deal

Feb 01,2019

FM announces rebate for individual taxpayers having taxable income upto Rs. 5 lakhs and increase in standard deduction for salaried taxpayers; Enhances TDS threshold for rent u/s 194I and post office deposit interest; Exempts levy of income tax on notional rent for second house property and enhances capital gain exemption u/s 54

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