{"id":137226,"date":"2018-03-31T15:12:57","date_gmt":"2018-03-31T09:42:57","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=137226"},"modified":"2018-03-31T15:12:57","modified_gmt":"2018-03-31T09:42:57","slug":"new-rules-april-12018","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/new-rules-april-12018\/","title":{"rendered":"New IT rules from April 1\/2018"},"content":{"rendered":"<p style=\"text-align: justify;\">1. The Rs 40000 standard deduction will be implemented. Straight deduction and no bills required for the salaried class.<\/p>\n<p>2. Cess on Income tax is raised from 3 to 4 percent.<\/p>\n<p style=\"text-align: justify;\">3. New 10 percent tax on capital gains exceeding one lakh.<\/p>\n<p>4. A tax of 10percent of equity from mutual funds.<\/p>\n<p style=\"text-align: justify;\">5. More IT benefits from insurance with Single Premium.<\/p>\n<p style=\"text-align: justify;\">6. Non-employee subscribers of National Pension scheme will also get tax benefits.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/03\/Money-copy.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-137228\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/03\/Money-copy.jpg\" alt=\"New IT rules from April 1\/2018\" width=\"687\" height=\"379\" srcset=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/03\/Money-copy.jpg 1170w, https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/03\/Money-copy-660x365.jpg 660w, https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/03\/Money-copy-768x423.jpg 768w\" sizes=\"auto, (max-width: 687px) 100vw, 687px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">7.Senior citizens will get a deduction of Rs 50000 on the income from bank interests.<\/p>\n<p style=\"text-align: justify;\">8. TDS only deducted if the Interest income is more than Rs 50000 for senior citizens.<\/p>\n<p style=\"text-align: justify;\">9. The deduction of 80 D for senior citizens will go up by another Rs 50000. The existing is Rs 25000.<\/p>\n<p style=\"text-align: justify;\">10. It deduction of Rs one lakh for diseases to senior citizens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. The Rs 40000 standard deduction will be implemented. Straight deduction and no bills required for the salaried class. 2. Cess on Income tax is raised from 3 to 4 percent. 3. New 10 percent tax on capital gains exceeding one lakh. 4. A tax of 10percent of equity from mutual funds. 5. More IT [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":137229,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[70106,70107,70114,685,57457,70108,43620,29686,70113,70110,70112,70109,70111],"class_list":["post-137226","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories","tag-3-to-4-percent","tag-a-tax-of-10percent","tag-april-12018","tag-income-tax","tag-insurance","tag-it-benefits","tag-mutual-funds","tag-national-pension-scheme","tag-new-it-rules","tag-non-employee-subscribers","tag-rs-50000-for-senior-citizens","tag-single-premium","tag-tax-benefits"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/03\/tax1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/137226","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=137226"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/137226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/137229"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=137226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=137226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=137226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}