Budget For The Salaried

Union Budget 2020: Finance Minister Nirmala Sitharaman

Updated : Feb 2, 2020

Budget 2020: Sitharaman announces new income tax rates but there's a catch

Budget 2020: New income tax rates will be optional, says FM; those earning up to Rs 5 lakh in a year will pay no tax; Centre to forego Rs 40,000 crore per annum revenue from new income tax rates

Budget 2020: India had 85 million income tax payers in 2017-18, which is 6% of total population

Updated : Jan 27, 2020

Budget 2020: Is India an under-taxed country?

Budget 2020: The one figure that can give some idea if the situation is indeed so desperate or if we are just being paranoid is the tax revenue to GDP ratio

According to experts, the government could be looking at both personal tax and other means to spur demand.

Updated : Jan 27, 2020

Budget 2020: How declining GDP growth may result in lower income tax for middle class

Unfortunately for the government, even if tax reliefs are announced it won't come with the certainty that consumption will revive and economy will get back to growth trajectory

Updated : Jan 7, 2020

FICCI calls for lower personal tax rates, tweaks in Taxation Bill to boost economy

The industry body also wants the government to reintroduce the classical tax system of dividend taxation in the hands of the shareholders with protection for small shareholders

Budget 2020: The finance ministry officials would discuss and present the arguments for and against these proposals before a final call is taken at the highest level

Updated : Jan 7, 2020

Budget 2020: Modi govt may cut income tax rate, introduce new slabs to boost consumption

Budget 2020: The Finance Ministry is mulling these measures ahead of the Budget for 2020-21, which may be presented by the Finance Minister Nirmala Sitharaman on February 1