Budget 2019: Here are some additional tax-saving measures that are expected to bring relief to salaried taxpayers
Updated : January 31, 2019 10:22 AM IST
Last year, the salaried tax payers did not have much to cheer with the government introducing the standard deduction while taking away the benefits for transport allowance and medical reimbursement.
Long term capital gains exceeding Rs 1 lakh from sale of listed securities and mutual funds which were earlier exempt, became taxable at 10 percent.
Also, the increase in the rates of education cess from 3 percent to 4 percent reduced the net savings of individuals.