Tax Benefits
1.Tax nil up to rs 500000/-
2.Salary Std deduction raised from 40k to 50k
3. Deemed rental income exemption proposed on second self occupied house
4. Tds threshold increase from 10000/- to 40000/- under section 194A
5. TDS on rent increase from 180000/- to 240000/-
6. Section 54 limit can be claimed now in two house
Capital gain of rs 2 Cr once in a life time.
7. Section 80IBA extended for one more year.
8. Exemption of notional rent on real sector increase from one year to two year on unsold inventory
1.Tax nil up to rs 500000/-
2.Salary Std deduction raised from 40k to 50k
3. Deemed rental income exemption proposed on second self occupied house
4. Tds threshold increase from 10000/- to 40000/- under section 194A
5. TDS on rent increase from 180000/- to 240000/-
6. Section 54 limit can be claimed now in two house
Capital gain of rs 2 Cr once in a life time.
7. Section 80IBA extended for one more year.
8. Exemption of notional rent on real sector increase from one year to two year on unsold inventory
Exp:55%
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