The Budget has introduced a standard deduction of Rs 40,000 but has simultaneously removed the benefits of transport allowance, medical reimbursement and other allowances. The net gain might be marginal for the salaried employees, and substantial for non-salaried and retired taxpayers.
Re: want to know more
by Patriotic Indian on Feb 02, 2018 06:52 PM
Are people other than Salary class, getting Transport and Medical Reimbursement allowances?