What seemed like an epiphany off last year, the interim Budget for the year 2019-2020 created a ripple with new tax revisions and allowance slabs for the salaried employee.
All these changes were announced against an anticipated backdrop of maximum governance, positive GDP growth and more wealth creation for individuals in the long run.
The interim Budget does seem to be maximalist; where ‘more’ seems to be the mainstay. But, to enjoy a higher take-home salary, planning in advance will still be the key.
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