ICAI suggests standard deduction in salary in Budget
ICAI suggests standard deduction in salary in Budget
CMA KNVV Sri Vidya - Sri Kanth (C.A.Final (New) ICWAI FINAL (New)) (11269 Points)
01 June 2009CMA KNVV Sri Vidya - Sri Kanth (C.A.Final (New) ICWAI FINAL (New)) (11269 Points)
01 June 2009ICAI suggests standard deduction in salary in Budget
CA-CWA RAVI
(CA-CWA in industry)
(5464 Points)
Replied 02 June 2009
icai recommend it every year ( from last two years)
i dnt think it will be amended as there are some difficulties associated with this
iam expecting exempted income to go up by 50000 i.e no tax upto rs 2 laks
and removal of fbt
and some slight decrease in rates of other taxes ( excise and service tax)
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