Specials Budget 2019

Union Budget: TDS Limit On Interest From Deposits Raised To Rs 40000

New Delhi: Individuals with income up to Rs 5 lakh will get a full tax rebate, announced Finance Minister Piyush Goyal in his interim budget speech in the Parliament. The standard deduction limit has been raised to Rs 50000. The budget announced the increase of TDS limit on interest from bank and post office deposits to Rs 40000 from Rs 10000.