{"id":127198,"date":"2018-02-02T09:36:44","date_gmt":"2018-02-02T04:06:44","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=127198"},"modified":"2018-02-02T09:36:44","modified_gmt":"2018-02-02T04:06:44","slug":"127198-2","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/127198-2\/","title":{"rendered":"No bills required"},"content":{"rendered":"<p style=\"text-align: justify;\">Salaried taxpayers, pensioners need not file any documents and bills to claim the 40,000 standard I-T deduction on travel and medical expenses, CBDT chief Sushil Chandra told .<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-127199 aligncenter\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/02\/CBDT-k5bE-621x414@LiveMint.jpg\" alt=\"No bills required        \" width=\"533\" height=\"355\" \/><br \/>\nGiving a relief to salaried class, Union Finance Minister Arun Jaitley on February 1 proposed a standard deduction of \u20b940,000 in lieu of transport allowance and medical reimbursement entailing a revenue sacrifice of \u20b98,000 crore.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-127201 aligncenter\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/02\/Arun-Jaitley-644x362.jpg\" alt=\"      No bills required        \" width=\"541\" height=\"304\" srcset=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/02\/Arun-Jaitley-644x362.jpg 644w, https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/02\/Arun-Jaitley-644x362-500x280.jpg 500w\" sizes=\"auto, (max-width: 541px) 100vw, 541px\" \/><br \/>\nThe Minister, however, did not propose any change in the tax slabs or rates for individual taxpayers.\u201cIn order to provide relief to salaried taxpayers, I propose to allow a standard deduction of \u20b940,000\/- in lieu of the present exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses,\u201d<\/p>\n<p style=\"text-align: justify;\">Mr. Jaitley said while presenting the Union Budget 2018-19 in Parliament on February 1. The standa rd deduction, which is provided to salary earners, was discontinued from the assessment year 2006-07.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Salaried taxpayers, pensioners need not file any documents and bills to claim the 40,000 standard I-T deduction on travel and medical expenses, CBDT chief Sushil Chandra told . Giving a relief to salaried class, Union Finance Minister Arun Jaitley on February 1 proposed a standard deduction of \u20b940,000 in lieu of transport allowance and medical [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":127202,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[21948,65061,65062,65063,65058,65060,65059],"class_list":["post-127198","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politicalnews","category-top-stories","tag-cbdt","tag-documents","tag-i-t-deduction","tag-medical-expenses","tag-no-bills-required","tag-pensioners","tag-salaried-taxpayers"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/02\/e2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/127198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=127198"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/127198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/127202"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=127198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=127198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=127198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}