Reason why Old Regime would continue parallelly with New Regime 👇 10(17): Exemption to MP/MLAs in respect of their daily allowances, Constituency Allowance or any allowance in entirety. #Budget

its not a big deal. theyll introduce similar section in new regime and khatam 😂

Everything that's there for the politicians will continue and no-one can even dream of touching it.

When majority of allowances of salaried class are taxable, then why these are exempted.?

Nope, the government will allow this 10(17) exemption like standard deduction in the new regime and close the old one. They won't let a revenue stream loose money.

Same with section 80GGC & 80GGB exemption Donations to political party by corporates & individual is fully exempt. This is used by black money makers. Biggest loophole in the tax system.@FinMinIndia @nsitharaman @narendramodi should shut it to claim that black money is eradicated

Isko bhi daal denge New Regime mein in DTC.

New regime mein HRA exemption hai? Donation Exemption hai? 80C exemption hai? And he is saying no difference in new and old regime

@nsitharaman @narendramodi True face of FM. These hard decision cannot be taken for MP/MLA . It could be done only for middle class .. So biased this fm and suit boot ki sarkar

Akhil Sir, I have received Rs.15 Lac as gift from father through bank transfer and made FDR fir the same. Bank reported FDR to income tax. Should I show gift received in my ITR, if yes in which column. Please reply in which notice के कम से कम chance ho.