While some components are fully taxable, others can be claimed as
tax-exempt if you meet certain conditions. Given an option, you would
want to have a higher portion of the ones which can be claimed as
exempt.
2019 could be a good year for investing in equities. At the beginning
of 2018, there was unbridled optimism, in contrast to the beginning of
2019. It is said that to make a bull market, you need to climb a wall or
worry.
Jaitley may double the income tax exemption threshold for the salaried
from Rs 2.5 lakh currently to Rs 5 lakh and reinstate tax-free status
for medical expenses and transport allowance.