What is Interim Budget 2019

In the year of election, an Interim budget is prepared with which the existing government has right to spend as per the interim budget only till March 2019.  However, government can take vote on account to make expenditure as per the interim budget until the new government presents the full union budget. The outgoing Government... Continue Reading →

Budget 2018: Increase in tax benefit for medical expense incurred for Sr Citizen parents

Medical Insurance: Currently if premium is paid towards medical insurance of your Sr citizen parents, an income deduction upto INR 30,000 was eligible.  This has been increased to INR 50,000 from Financial Year 2018-19 Medical Treatment for specified diseases: Currently if you incur any medical expenditure for treatment of specified diseases suffered by your parents,... Continue Reading →

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