https://www.taxtmi.com/news?id=21025 Full tax rebate for lower middle income individuals exempts them from income tax; standard deduction for salaried persons and pensioners is increased. TDS thresholds on interest and rent are raised to ease compliance for small depositors and landlords. Residential property reliefs include exemption of notional rent on a second self occupied house, expanded capital gains rollover relief permitting reinvestment in two houses once in a lifetime, extension of affordable housing tax benefits, and longer exemption for notional rent on unsold inventories. en-us Fri, 01 Feb 2019 15:03:46 +0530 Fri, 01 Feb 2019 15:03:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21025 Full tax rebate for lower middle income individuals exempts them from income tax; standard deduction for salaried persons and pensioners is increased. TDS thresholds on interest and rent are raised to ease compliance for small depositors and landlords. Residential property reliefs include exemption of notional rent on a second self occupied house, expanded capital gains rollover relief permitting reinvestment in two houses once in a lifetime, extension of affordable housing tax benefits, and longer exemption for notional rent on unsold inventories. News - Fri, 01 Feb 2019 15:03:46 +0530 https://www.taxtmi.com/news?id=21025