While the expectations of the common man of tax relief are not met, the budget outlines measures to rationalise the tax structure and bring out changes in the tax processes
The extension of timelines for filing tax returns and other related tax compliances is a well-thought-out measure, as due to lockdown it is difficult for individual taxpayers to obtain necessary docum...
Budget 2020: To boost the real estate sector, the government should consider enhancing the limit for deduction of interest paid on housing loan to Rs 300,000 in case of a self-occupied property
While the Budget did not provide much incentive to middle or lower income group, it is hard hitting for the super-rich. True to the intent of the Government, the Budget focusses on increasing tax comp...
The salaried class has an additional reason to cheer as the limit of standard deduction, which was re-introduced last year, has been enhanced from Rs 40,000 to Rs 50,000.
With sentiments turning positive, equity investors are now again hoping for a tax-friendly 2018 Union Budget.
The taxman will be easy on those who comply with the norms, but tough on those who try to escape the tax net.
Find out the various options to counter the tax arising at the time of sale, some of which have been articulated below to help you pick options of your liking.
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