Tag Archive: standard deduction of INR 40k

Budget Simplified – FY 2018-19

budget 2018-19

Talking to people around on budget this time; most of them are unhappy, as budget has not kept pace with the expectations, like for a salaried (US), no announcements on tax slabs, or tax exemptions 😉.

But for a budget, with elections just around the corner, our dear finance minister has maintained a fine balance on populist measures, economic growth & stability.

Let me highlight, key takeaways from the budget:

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