ET Wealth Wisdom Ep 108: Why the VPF is still an attractive fixed income option
I am Tania Jaleel Belying huge expectations, did not provided any income tax relief to tax payers. No changes in income tax slabs or rates have been proposed. Nor have any additional tax exemptions or deductions been introduced. Standard deduction for the salaried and pensioners also remains same as before. No change in tax rates or slabs means that your income tax payout is, for most people, unaffected by this Budget. But if your salary's high or you use voluntary provident fund contributions, there's a bit of bad news for you. From April 1, returns on investment of more than Rs 2.5 lakh...