https://www.taxtmi.com/news?id=21096 Proposal expands tax rebate and raises the standard deduction while increasing the TDS threshold on interest income to reduce tax liability for salaried and low middle income taxpayers and provide relief to senior citizens. The Bill further includes targeted housing incentives-interest subvention, capital gains reinvestment relief for purchase of residential properties, and enhanced home loan repayment rebates-to stimulate demand in the housing sector and support home buyers. en-us Tue, 12 Feb 2019 17:40:43 +0530 Tue, 12 Feb 2019 17:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21096 Proposal expands tax rebate and raises the standard deduction while increasing the TDS threshold on interest income to reduce tax liability for salaried and low middle income taxpayers and provide relief to senior citizens. The Bill further includes targeted housing incentives-interest subvention, capital gains reinvestment relief for purchase of residential properties, and enhanced home loan repayment rebates-to stimulate demand in the housing sector and support home buyers. News - Tue, 12 Feb 2019 17:40:43 +0530 https://www.taxtmi.com/news?id=21096