BUDGET 2018 FOR SALARIED PERSONS & IMPACT OF BUDGET 2018-19 ON TAX ON SALARY | BUDGET 2018 REVIEW:
By watching this video you will get idea what will be tax benefits for you after Budget 2018-19 if your income is from salary or you are senior citizen.
To buy GST and Income Tax Guide Books click on following link:
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Highlights of Budget 2018 and this video are:
1) No change in Tax slab
2) Standard Deduction of Rs.40000 for salaried and pensioners
3) E Cess of 3% increased to 4% and named as Education and Health cess
4) Under Section 80 D Exemtion limit of Senior citizens increased from Rs.30000 to Rs.50000.
5) New Section 80TTB for senior Citizen in which Interest income upto Rs.50000/- is exempt.
6) Section 80DDB exemption for critical illness increased to Rs.100000/- for both senior and super senior citizens of india.
7) Long Term capital gain tax 10% for gain more than Rs.100000 after 31.01.2018.
Please watch complete video to see the compassion of tax for FY 2017-18 and 2018-19 for 500000 salary and for 1000000 salary.
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TAX ON SALARY AFTER BUDGET 2018 | INCOME TAX ON SALARY IN FY 2018-19 | SALARY TAX FY 2018-19 profit and loss statement | |
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| Education | Upload TimePublished on 3 Feb 2018 |
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