Business Standard

Budget 2018: MP's salaries are doubled, No change in Income Tax slab lefts middle-class disappointed

This new policy on salaries of lawmakers will effective from April 1. In his speech, he said: "The government is proposing changes in refixing salaries of Members of Parliament

Jaitley
Premium

Union Finance Minister Arun Jaitley during a press conference after Union Budget 2018-19 presentation, in New Delhi (Photo: PTI)

Rashmi Sinha
Finance minister Arun Jaitley's union budget for the year 2018-19 has finally come to an end. While this time the budget has turned out to be a celebratory one for President, Vice President and members of parliament as they are getting a hike in their salaries, Jaitely once again left middle class disappointed by keeping income tax slabs unchanged. While presenting the budget in the parliament on Thursday, Arun Jaitley announced that there will be no change in personal income tax slab for salaried employees in the current fiscal year. However, he has some good news for the salaried class,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in