(05/04/2018) The government of India, today in a press release gave a major relaxation to the Salaried Class The Central Board of Direct Taxes (CBDT) on Thursday announced that the Finance Act, 2018 has amended Section 16 of the Income Tax Act, 1961. The new provision states that a taxpayer having income chargeable under the head 'Salaries' shall be allowed a deduction of Rs....
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