https://www.taxtmi.com/article/detailed?id=7864 The Bill inserts a standard deduction in computing income from salaries and omits the proviso clause that exempts employer-paid medical reimbursement; the explanatory memorandum and Budget speech say both transport allowance (with an exception for differently-abled persons) and medical reimbursement exemptions will be withdrawn, creating an apparent drafting inconsistency between the Bill's text and the explanatory materials. en-us Mon, 05 Feb 2018 07:00:00 +0530 Mon, 05 Feb 2018 07:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7864 The Bill inserts a standard deduction in computing income from salaries and omits the proviso clause that exempts employer-paid medical reimbursement; the explanatory memorandum and Budget speech say both transport allowance (with an exception for differently-abled persons) and medical reimbursement exemptions will be withdrawn, creating an apparent drafting inconsistency between the Bill's text and the explanatory materials. Articles Budget - Tax Proposals Mon, 05 Feb 2018 07:00:00 +0530 https://www.taxtmi.com/article/detailed?id=7864