Full tax rebate for income upto Rs 5 lakh: Now you don’t have to pay tax if your income is below 5 lakhs. those with income less than Rs 6.5 lakh can also enjoy rebate if they make investments worth Rs 1.5 lakh

Tax benefits for those who sales home: The benefit of rollover of capital tax gains to be increased from investment in one residential house to that in two residential houses, for a taxpayer having capital gains up to Rs 2 crore rupees. However, this can be exercised once in a lifetime, the acting Finance Minister said.  

No tax on interest on post offices and bank deposit upto Rs. 40000:  deposit raises from Rs. 10000 to Rs. 40000.

If you pay rent upto Rs. 2.4 lakh then there will be no TDS on it.

Full tax rebate for income upto Rs 5 lakh: Now you don’t have to pay tax if your income is below 5 lakhs. those with income less than Rs 6.5 lakh can also enjoy rebate if they make investments worth Rs 1.5 lakh

Tax benefits for those who sales home: The benefit of rollover of capital tax gains to be increased from investment in one residential house to that in two residential houses, for a taxpayer having capital gains up to Rs 2 crore rupees. However, this can be exercised once in a lifetime, the acting Finance Minister said.  

No tax on interest on post offices and bank deposit upto Rs. 40000:  deposit raises from Rs. 10000 to Rs. 40000.

If you pay rent upto Rs. 2.4 lakh then there will be no TDS on it.