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The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
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Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
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At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
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M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
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At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
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Union Budget 2018
Union Budget 2018: Salaried people left high & dry
02 Feb 2018
“The FM enthused the salaried class by reintroducing standard deduction of up to Rs 40,000, but soon gave it away by withdrawing current exemptions on transport allowance (Rs 19,200 per annum) and medical reimbursement (Rs 15,000 per annum), leaving only a marginal benefit. Overall, together with the additional education cess of 1 per cent, there isn’t too much for the salaried class in this budget,”
Akhil Chandna
Director, Grant Thornton India LLP
This article appeared in Deccan Chronicle on 10th January, 2018.
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