Budget 2018 REQUEST FOR RELIEF TO SALARY EARNERS: Relief to wages and salary earners - reintroduce standard deduction and allow depreciation to salary earners–will boost economy also https://www.taxtmi.com/article/detailed?id=7660 Advocates reinstating a standard deduction for salary income and allowing a depreciation allowance on assets owned and used by employees for employment, arguing parity with employers and professionals, proposing percentage based standard deduction slabs and reduced depreciation rates (to reflect mixed personal use), and asserting that these measures will boost capital formation and demand. en-us Tue, 10 Oct 2017 07:43:23 +0530 Tue, 10 Oct 2017 07:43:23 +0530 TaxTMI RSS Generator Budget 2018 REQUEST FOR RELIEF TO SALARY EARNERS: Relief to wages and salary earners - reintroduce standard deduction and allow depreciation to salary earners–will boost economy also https://www.taxtmi.com/article/detailed?id=7660 Advocates reinstating a standard deduction for salary income and allowing a depreciation allowance on assets owned and used by employees for employment, arguing parity with employers and professionals, proposing percentage based standard deduction slabs and reduced depreciation rates (to reflect mixed personal use), and asserting that these measures will boost capital formation and demand. Articles Budget - Tax Proposals Tue, 10 Oct 2017 07:43:23 +0530 https://www.taxtmi.com/article/detailed?id=7660