Tax Holiday For Startups, Relief For Senior Citizens: Top 10 Tax Highlights Of Budget 2021
Edited by Nikita Prasad | Wednesday February 03, 2021Budget 2021 Tax Highlights: In a major tax relief for senior citizens, Finance Minister Nirmala Sitharaman while presenting Budget 2021 announced that citizens aged 75 years and above, who only have pension and interest income are now exempted from filing the tax returns. In last year's budget, a major cut in the tax rates for the salaried class was announced, which, ...
COVID Cess, Increase Section 80C Limit: What Financial Planners Want From Budget 2021
Monday February 01, 2021Budget 2021: Experts believe that COVID cess may be made applicable to higher income brackets individuals or business with specified turnovers
Here's What Tax Experts Seek From Budget 2021 For The Common Man
Edited by Nikita Prasad | Monday February 01, 2021Budget 2021: Individual taxpayers and the middle-class expect reduced GST rates in various sectors, and increased deduction for the interest on home loans from the taxable income
Tax Deductions Not Expected In Upcoming Budget, Says Taxmann
Edited By Abhishek Vasudev | Tuesday January 12, 2021The government in last year's Union Budget announced a new and simplified personal tax regime consisting of revised income tax slabs and tax rates
Budget 2021: Crucial Income Tax Changes In Past Budgets
Edited by Peter Noronha | Thursday January 07, 2021The government has made some drastic changes in income tax rules over the years, ranging from changes in income tax rates to reintroduction of standard deduction and a higher income threshold for rebate
Employers' Contribution Towards Provident Fund Capped At Rs 7.5 Lakh Annually
Press Trust of India | Saturday February 01, 2020Any contribution by employers towards these social security schemes beyond Rs 7.5 lakh per annum would be treated as perquisite of the employee and taxed accordingly.
Budget 2020: What The Common Man Can Expect From The Union Budget 2020-21
Written by Sandeep Singh | Saturday February 01, 2020New Tax Slab: Every year, speculations on major income tax changes in Union Budget - potentially sending more money to the pockets of the common man - drive investment decisions for many individuals, say financial planners.
Budget 2020: Tax Payment On ESOPs From Startups Deferred, Says Nirmala Sitharaman
Edited by Peter Noronha (with inputs from agencies) | Saturday February 01, 2020New Income tax Slab: Union Finance Minister Nirmala Sitharaman in her Budget 2020-2021 speech emphasized that entrepreneurship has always been the "strength of India."
Budget 2020: Long-Term Capital Gains Tax Break On Cards? Here Is What Analysts Say
Edited by Sandeep Singh (with inputs from agencies) | Saturday February 01, 2020Long-Term Capital Gains Tax: This tax is applicable on profits arising from sale of applicable assets held for more than one year from the date of purchase.
Industry Body FICCI Calls For Increase In Section 80C Income Tax Deduction Threshold
Edited by Sandeep Singh | Saturday February 01, 2020Union Budget 2020: Finance Minister Nirmala Sitharaman will present the first full-year Union Budget of Prime Minister Narendra Modi's government in Parliament on February 1.
