The Interim Budget, 2019 introduced various sops for the salaried taxpayers which can be availed in the Financial Year 2019-20. If one plans his tax affairs smartly, he can earn tax free income up to Rs. 10 lakhs. Further, if a person possesses two house and he is upset due to paying taxes on notional rent, as the second is deemed to be let-out by the Income-tax Act, this budget proposes some changes to cheer him up.
from taxmann.com News http://bit.ly/2Bfgk9H
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