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Thursday, 2 February 2017

MINOR RELIEF TO SALARIED PERSON




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.

PERSON ASSESSD UPTO RS 3,00,000.00 WILL NOT BE LIABLE TO PAY TAX.


 
 

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Avinash Sharma
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Delhi, India

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