
The calculator, with a comparative table to compare taxes in the old and the new tax regime, for resident individuals…
The reality in India is that most people don’t think and plan about long-term financial needs and the short-term motive…
In a rush to reduce and save our income tax outgo, we end up committing numerous mistakes which may have…
Any sum of money received from the relatives as gift or under a will or by way of inheritance is…
With dividend income now taxable in the hands of investors, those in the 10% tax slab will benefit as net…
The new income tax regime has lower slab rates, but it allows very few deductions as well, which is a…
Budget 2020: The changes introduced in the residency provisions clearly indicates the government’s focus on widening the tax base and…
As part of the initiative to give pre-filled income tax return form to assessees, I-T department will revamp Form 26As…
Once shifted to the new income tax regime, you can’t come back to the old regime and lose the opportunity…
Budget 2020: The removal of DDT is a welcome and much-expected move in line with the recommendations of the Direct…
Budget 2020: Given that the overall tax would vary based on quantum of deductions / exemptions, an individual would need…
Budget 2020 focussed on three key themes – Aspirational India, economic development and building a caring society for all.
Budget 2020: While no tax is payable after availing all the deductions on salary of Rs 13.25 lakh under the…
Union Budget 2020 India: The new tax regime aims to simplify taxation for those who don’t avail any deductions and…
Budget 2020: Bringing a revolutionary change in direct tax rates, Finance Minister Nirmala Sitharaman has proposed a new tax regime,…
Budget 2020 Expectations for Taxpayers: In an unprecedented move, FM Sitharaman had recently incentivized the corporates by slashing the tax…
Budget 2020 Expectations: Senior citizens of the country have pinned their hopes on this year’s budget, particularly in view of…
Budget 2020 Backgrounder: Since 2014, many decisions have been taken on income tax exemption limit, tax rate, tax rebate, tax-saving…