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Total 273 results found. Search for [ salaried individuals ]

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Prasanna Mohanty
February 19, 2020
A closer look at India's tax data reveals that the direct tax burden is much higher on relatively smaller taxpayers in both individual and corporate categories and that the larger taxpayers benefit more from tax incentives and deductions


Chitranjan Kumar
New Delhi, February 18, 2020
While the PCSI employment confidence in jobs sub-index rose by 0.6 per cent over last month, the PCSI economic expectations sub-index moved up by 4.7 per cent


Aprajita Sharma
February 17, 2020
While last minute investments may manage to lower total tax outgo, they are unlikely to align well with the financial goals of taxpayers


BusinessToday.In
New Delhi, February 6, 2020
Calculator compares taxes in old and new tax regimes for financial year 2020-21 and has been hosted on department's official e-filing website -- incometaxindiaefiling.gov.in


Naveen Kumar
New Delhi, February 4, 2020
The decision to switch to the new income tax rates will depend on the level of deductions that you are able to use in the present regime


BusinessToday.In
February 3, 2020
While Nestle India shareprice rose 6.98% to hit its all-time high of 16,502, Britannia Industries shareprice climbed up to 4.84% to Rs 3,248 on BSE


BusinessToday.In
February 1, 2020
FM Sitharaman told the Parliament that 4.83 lakh direct tax cases are currently pending in various appellate forums. Data furnished in the Budget document show that Rs 9.41 lakh crore is stuck in these pending tax litigations


BusinessToday.In
New Delhi, February 1, 2020
Finance Minister Nirmala Sitharaman has announced new income tax rates during the session of Budget 2020. Those earning Rs 5-7.5 lakh would be liable to pay just 10 per cent, while those earning up to Rs 5 lakh in a year would pay no tax. The rates would be significantly reduced for those who forego reliefs, exemptions, Sitharaman said. While the government had announced changes in the tax slabs by raising income tax slabs, those availing these new slabs would not be eligible for rebates and exemptions. \"In this new personal income tax regime, income tax rates will be significantly reduced for the individuals who forgo certain exemptions and deductions,\" the FM said. Watch the video for more.Also Read: Income Tax calculation: You can save up to Rs 31,200 under new tax slabs


Sudhakar Sethuraman, Mitesh Agrawal, Kavitha Jagadeesan and Kajal Gupta
February 1, 2020
Union Budget 2020: Finance minister Nirmala Sitharaman introduced an optional personal income tax regime with the intention to simplify income-tax filing and reduce the tax burden on individual taxpayers


BusinessToday.In
February 1, 2020
\"An individual who is currently availing more deductions and exemption under the Income-tax Act may choose to avail them and continue to pay tax in the old regime,\" FM Sitharaman said


BusinessToday.In
February 1, 2020
Union Budget 2020: Individual taxpayers, corporates, common man, tax experts, everyone will be keenly watching the announcements made by the finance minister on the budget day


Aprajita Sharma
February 1, 2020
Union Budget 2020: Steps have been taken in this regard, with ITR forms released in April 2019 already having some information pre-filled such as bank account number, bank interest and salary details with standard deduction etc


BusinessToday.In
New Delhi, January 31, 2020
Budget 2020: Individual taxpayers can claim various exemptions to minimise tax liability. One can claim perks, perquisites or tangible benefits entitled under Income Tax Act


BusinessToday.In
New Delhi, January 31, 2020
Union Budget 2020 Live Updates: PM Modi says budget will increase income, investment, demand and consumption, and will bring new vigor in financial system and credit flow


BusinessToday.In
January 31, 2020
Finance Minister Nirmala Sitharaman is presenting her second consecutive Union Budget in Parliament today


BusinessToday.In
January 31, 2020
Bank strike latest updates: Employee unions of PSU banks have called for a 2-day all India strike starting from January 31. Whether your salary will come on time or not, find out here


Rajeev Dubey
New Delhi, January 30, 2020
Relief is long overdue. In fact, it's inevitable. Middle class has borne the brunt of the plateauing of incomes in the past 4-5 years even as inflation has continued unabated


Divya Baweja
New Delhi, January 27, 2020
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


Rajeev Dubey
New Delhi, January 21, 2020
Budget 2020 comes in the wake of very low expectations. For most, businesses would be happier if Budget 2020 didn't harm them any further after the DeMo and GST shocks


BusinessToday.In
January 20, 2020
When is Union Budget 2020, Date, Time, Expectations, Where to Watch Live: Finance Minister Nirmala Sitharaman will present her second budget on February 1; expectations are high that Centre could raise income tax slabs to boost demand 


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