Income Tax Outgo
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Find Out How To Minimise Tax Outgo Using These 7 Tools In Your Salary Component
It's important to understand your tax slabs and what each component of your salary structure means to claim maximum benefits
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Middle Class "Trained Enough" To Pick Right Income Tax Option: Niti Aayog
Budget 2020 Income Tax Slabs: Niti Aayog Vice Chairman Rajiv Kumar exuded confidence that the middle class's propensity to save will not come down.
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Income Tax Slab: You Will Now Pay Rs 1.95 Lakh In Tax On Rs 15 Lakh Income In This Case
2020 Income Tax Slab: Finance Minister Nirmala Sitharaman used an example to explain the difference in tax liability for a person not claiming any exemptions. "A person earning Rs 15 lakh in a year and not availing any deductions etc will pay only Rs 1,95,000 as compared to Rs 2,73,000 in the old regime," she said.
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Interim Budget 2019: How Your Income Tax Liability Is Set To Change From Assessment Year 2020-21
Income tax rules (interim Budget 2019): Careful planning of investments as perincome tax lawscan lead to a significant reduction in the assessees' overall tax outgo, say financial advisors.
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How Your Income Tax Outgo Is Set To Change Going Forward
While the income tax changes announced in Budget 2019 will take effect from the financial year 2019-20 (assessment year 2020-21), the existing laws define how much income tax individuals have to shell out for the year ended March 31 (FY2018-19).
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How To Calculate Income Tax For Assessment Year 2020-21
Budget 2019: Wondering how to calculate income tax for 2020-21 (assessment year)?Here are key changes to income tax laws announced by the government in its February 1, 2019 budget. From tax benefit on income tax up to Rs 5 lakh a year to a 25 per cent increase in standard deduction, here's all you need to know to know your income tax outgo in the c...
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Payment of Gratuity Amendment Bill: Who Benefits, Income Tax Implications And Other Details
Payment of Gratuity (Amendment) Bill, 2018 ensures harmony among employees in private sector and public sector undertakings.
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Standard Deduction To Raise Tax Outgo Of Some Salaried Individuals. Details Here
Salaried individuals in the highest tax bracket would end up paying more tax since the extra tax on 1% additional cess surpasses the benefit arising out of Rs 40,000 standard deduction
-
10 Effective Tips For Saving Income Tax
Income tax liabilities also go up with an increase in income. Experts say there are provisions that can help a person cut down his/her tax outgo substantially.
-
Only 1 Per Cent Indians Pay Income Tax, Shows Government Data
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
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Just 1 Percent Of Population Pay Taxes; Over 5,000 Paid More Than Rs. 1 Crore
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs. 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
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Home Loan: 5 Tax Benefits You Must Know
Buying your first house on a loan comes with multiple tax benefits. These deductions not only reduce your tax outgo but also help in managing your cash flows better.
-
Smith under fire for staying back in India to avoid tax
Already drawing flak for South Africa's early exit from the World Cup, outgoing cricket captain Graeme Smith has drawn more criticism for staying back in India even after the quarterfinal defeat to avoid paying income tax back home.
-
Find Out How To Minimise Tax Outgo Using These 7 Tools In Your Salary Component
It's important to understand your tax slabs and what each component of your salary structure means to claim maximum benefits
-
Middle Class "Trained Enough" To Pick Right Income Tax Option: Niti Aayog
Budget 2020 Income Tax Slabs: Niti Aayog Vice Chairman Rajiv Kumar exuded confidence that the middle class's propensity to save will not come down.
-
Income Tax Slab: You Will Now Pay Rs 1.95 Lakh In Tax On Rs 15 Lakh Income In This Case
2020 Income Tax Slab: Finance Minister Nirmala Sitharaman used an example to explain the difference in tax liability for a person not claiming any exemptions. "A person earning Rs 15 lakh in a year and not availing any deductions etc will pay only Rs 1,95,000 as compared to Rs 2,73,000 in the old regime," she said.
-
Interim Budget 2019: How Your Income Tax Liability Is Set To Change From Assessment Year 2020-21
Income tax rules (interim Budget 2019): Careful planning of investments as perincome tax lawscan lead to a significant reduction in the assessees' overall tax outgo, say financial advisors.
-
How Your Income Tax Outgo Is Set To Change Going Forward
While the income tax changes announced in Budget 2019 will take effect from the financial year 2019-20 (assessment year 2020-21), the existing laws define how much income tax individuals have to shell out for the year ended March 31 (FY2018-19).
-
How To Calculate Income Tax For Assessment Year 2020-21
Budget 2019: Wondering how to calculate income tax for 2020-21 (assessment year)?Here are key changes to income tax laws announced by the government in its February 1, 2019 budget. From tax benefit on income tax up to Rs 5 lakh a year to a 25 per cent increase in standard deduction, here's all you need to know to know your income tax outgo in the c...
-
Payment of Gratuity Amendment Bill: Who Benefits, Income Tax Implications And Other Details
Payment of Gratuity (Amendment) Bill, 2018 ensures harmony among employees in private sector and public sector undertakings.
-
Standard Deduction To Raise Tax Outgo Of Some Salaried Individuals. Details Here
Salaried individuals in the highest tax bracket would end up paying more tax since the extra tax on 1% additional cess surpasses the benefit arising out of Rs 40,000 standard deduction
-
10 Effective Tips For Saving Income Tax
Income tax liabilities also go up with an increase in income. Experts say there are provisions that can help a person cut down his/her tax outgo substantially.
-
Only 1 Per Cent Indians Pay Income Tax, Shows Government Data
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
-
Just 1 Percent Of Population Pay Taxes; Over 5,000 Paid More Than Rs. 1 Crore
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs. 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
-
Home Loan: 5 Tax Benefits You Must Know
Buying your first house on a loan comes with multiple tax benefits. These deductions not only reduce your tax outgo but also help in managing your cash flows better.
-
Smith under fire for staying back in India to avoid tax
Already drawing flak for South Africa's early exit from the World Cup, outgoing cricket captain Graeme Smith has drawn more criticism for staying back in India even after the quarterfinal defeat to avoid paying income tax back home.
