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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


PTI
February 19, 2020
Anurag Thakur claimed he has asked officials at income tax and Central Goods and Services Tax departments not to harass any entrepreneur


Aprajita Sharma
New Delhi, February 18, 2020
An education loan makes it easier to pursue your dream education but it also means long repayment years, so make sure your choice is right


Naveen Kumar
New Delhi, February 18, 2020
Annuity plans can form a good part of your retirement portfolio if the product fit is right


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 7, 2020
Catch top stories from the world of business and economy with BusinessToday.In end of day report


PTI
New Delhi, February 5, 2020
Kumar was commenting on the Budget proposal of finance minister Nirmala Sitharaman


BusinessToday.In
New Delhi, February 4, 2020
Indian business leaders at Davos say they expect the economy to recover in two to three quarters


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
New Delhi, February 4, 2020
A day after she presented her second Budget, Business Today caught up with Finance Minister Nirmala Sitharaman in her North Block office to find out the reasoning behind the key initiatives in Budget 2020


BusinessToday.In
New Delhi, February 3, 2020
The new tax regime, though optional, will need taxpayers to forego various tax exemptions available in the old 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
New Delhi, February 3, 2020
BSNL, MTNL VRS scheme: Employees opting for VRS will have to wait till FY21 for duesBharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) employees, who have opted for voluntary retirement scheme (VRS) scheme, will have to wait for next fiscal year i.e. FY21 (2020-21) to get their dues. The reason for this delay is because the Union Budget 2020 has not made any provisioning for any disbursement towards the programme in the FY20 (current fiscal year).Travel bans in virus...


PTI
February 3, 2020
Budget 2020 taxes: The Union Budget 2020-21 brought in a lot of changes in the tax slabs. Here's a detailled lowdown on the new tax regime


Rajeev Dubey
New Delhi, February 2, 2020
Budget 2020: The FM gave a clarification about the purpose of new tax regime, which were--'reduce tax incidence' and 'remove all exemptions'


BusinessToday.In
New Delhi, February 1, 2020
Taxpayers got what they wanted from Union Budget 2020-21. Finance Minister Nirmala Sitharaman announced a \"new, simplified tax regime\" for individual taxpayers. The new income tax regime comes with lower tax rates. However, around 70 deductions and exemptions, have been withdrawn. Watch Nirmala Sitharaman as she explains the new regime in a press conference post budget presentation.Also Read: Income Tax calculation: You can save up to Rs 31,200 under new tax slabs


BusinessToday.In
New Delhi, February 1, 2020
Budget 2020: Employer's contribution to Employees' Provident Fund (EPF), National Pension System (NPS) and superannuation fund above Rs 7.5 lakh to be taxed


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


Aprajita Sharma
February 1, 2020
The new tax regime, though optional, will require taxpayers to forego various tax exemptions available in the old regime. The net benefit, thus, may not be positive for all taxpayers


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


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