» Budget impact on income tax News

Budget impact on income tax

No change in tax slab? Correct! Your income tax has still gone up

No change in tax slab? Correct! Your income tax has still gone up

Mon, Feb 05, 2018

Finance Minister Arun Jaitley has smartly played the tax equations in Budget 2018. He did provide a sense of relief by re-introducing the standard deduction (SD) of Rs 40,000, but soon after squeezed it by hiking the education and health cess from 3 per cent to 4 per cent.

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