Monday, July 23

Tag: 5 rules of tax

Tax rules are changing from 1st April, know what will be the effect on your pocket?

Tax rules are changing from 1st April, know what will be the effect on your pocket?

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There will be some changes in the tax from April 1. What are these changes and what will be the effect on your pocket, we are telling this below. There has been a change in these 5 rules of tax from April 1, 2018. Image Courtesy: Live Mint Tax Rates 2018 Health and Education Cess There has been no change in tax slabs or tax rates in this year's budget. But the government has increased health and education cess, which will increase your tax liability. So far, education, secondary and higher education cess was 3 percent. Now the health and education cess has increased to 4%. Image:relakhs.com Return of standard deduction So far, there was no standard deduction facility for the salary class. However, the rehabilitation facility of transport allowance and medical bills c
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