MINOR RELIEF TO SALARIED PERSON
HOPES OF MAJOR RELIEF TO SALARIED PERSON IS BELIED BY THE FINANCE
MINISTER MR. ARUN JAITLEY.
A MINOR RELIEF IS PROVIDED TO LOWER SLAB PERSON BY REDUCING TO THE TAX RATE FROM 10 % to 5%.
FURTHERMORE FINANCE MINISTER CAPPED THE DEDUCTION UNDER SECTION 87A TO Rs. 2500.00 TO THE PERSON ASSESSED UPTO RS 3,50,000.00.
A MINOR RELIEF IS PROVIDED TO LOWER SLAB PERSON BY REDUCING TO THE TAX RATE FROM 10 % to 5%.
FURTHERMORE FINANCE MINISTER CAPPED THE DEDUCTION UNDER SECTION 87A TO Rs. 2500.00 TO THE PERSON ASSESSED UPTO RS 3,50,000.00.
PERSON ASSESSD UPTO RS 3,00,000.00 WILL NOT BE LIABLE TO PAY
TAX.