standard deduction

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12 Points Joined May 2018
what is standard deduction on salary ?? for fy :- 2018-2019.
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On 19 May 2018 at 10:09 Report
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Partner at Bhat Momaya & Associates
2319 Points Joined November 2016

Rs. 40,000/- for all employees

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On 19 May 2018 at 10:27
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12 Points Joined May 2018
so will consider this standard deduction while calculating TDs of the employee
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On 19 May 2018 at 10:32
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Partner at Bhat Momaya & Associates
2319 Points Joined November 2016

Yes, this standard will be considered for TDS Calculation fro FY 2018-19

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On 19 May 2018 at 10:34


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