Labour Law Advisor
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*Budget 2019💼: Tax rebate limit raised🙌*

🔰 No change in existing tax rates. However, individual taxpayers with annual income of up to ₹5 lakh will get full tax rebate.

🔰 Individuals with gross income up to ₹6.5 lakh will not need to pay any tax if they make investments in provident funds and prescribed equities: FM

🔰 Standard deduction for salaried class raised to ₹50000 from ₹40000. **IT also exempted on notional rent for a second self-occupied house.

🔰 TDS threshold on rental income increased to ₹240000 from ₹180000.

🔰 Benefits under section 80-IBA of IT Act extended for 1 more year. 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 Rs 2 crore. This can be exercised once in a lifetime.
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यह छोटा सा वीडियो देख लोगे तो आप और आपके जानने वाले कभी भी FAKE Degree नहीं लेंगे ।

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