In the Union Budget 2018, the government announced several changes in the Income Tax laws which will be effective from AY 2019-20 (FY 2018-19). Read this blog by H&R Block India to find out 7 key changes in the I-T laws which can help you save taxes.
The budget was announced today by the honourable Finance Minister. It was the 5th and the last full budget of the reigning government before the upcoming General election next year. He stated several facts related to direct taxes and announced a few changes in the Income tax laws focusing on the senior citizens of the society. Here are the key highlights of the budget on Direct taxes.