India has published the Finance Act 2019 in the official Gazette, which was assented by the president on 21 February 2019. The measures of the Act are in line with those presented as part of the 2019/20 interim budget, and include:

• The standard individual income tax deduction is increased from INR 40,000 to INR 50,000;
• The individual tax rebate is increased to INR 12,500 for individuals with …