Standard Deduction for Disabled Employee For AY 2018-19
Ghanshyam Pandey (42 Points)
18 November 2018In this regard, I want to know how much standard deduction will a disabled person get.?
Because earlier Transport Allowance exemption was Rs.3200/pm for disabled employee. So overall, we were getting total of Rs.38400 (3200×12) + Rs.15000 (Med) = Rs.53400/- exemption which is now only Rs.40000/-. By this way, we will lose Rs.15300/- exemption and tax liability will be increased by Rs.3182/- (Considering 2nd slab).
Please guide..