Budget 2019 revealed
Here is the highlight of Budget 2019 > Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities. > Individual taxpayers with annual income up to 5 lakh rupees to get full tax rebate. > Standard tax deduction for salaried persons raised from Rs. 40,000 to Rs.50,000. > TDS threshold on rental income has raised from 1.8 lakh to 2.4 lakh rupees. > "Around 3 crore middle-class taxpayers will get tax exemption due to this measure," the finance minister said. > Gratuity limit increased from 10 lakh to 30 lakh rupees. > Benefit of rollover of capital tax gains to be increased from investment in one residential house to that in two residential houses, for a taxpayer having capital gains up to 2 crore rupees; can be exercised once in a lifetime. > Benefits under Sec 80(i)BA being extended for one more year, for all housing projects approved...