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Budget 2018 Highlights: Free Healthcare, More Money For Farmers In Arun Jaitley's Pre-Poll Budget
Feb 01, 2018 07:49:52 (IST)
In Union Budget 2018, expectations are high that the finance minister will may raise the minimum exemption limit from the current level of Rs. 2.5 lakh. Multiple outdated deductions could also be replaced with a standard deduction to reduce the tax burden on salaried employees. Standard deduction allows for a flat deduction from income of a salaried individual towards expenses that would incur in relation to his or her employment.

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