Budget 2024: Will Middle Class Be Spared From 30% Tax Rate? Check What PHCCI Has Recommended To FM
The PHDCCI delegation has presented the pre Budget memorandum to Finance Minister Nirmala Sitharaman.
Jun 21, 2024, 09:31 AM IST
Budget 2024: Income Tax Rates For Individual Tax Payers To Be Reduced, Say Reports
As per reports in the media, FM Sitharaman may announce to reduce personal tax rate for individuals earning Rs 10 lakh per year.
Jun 21, 2024, 07:01 AM IST
New Change To Income Tax Rules, Slabs From 01 April 2024? Finance Ministry Rebuts Claims
In an explanatory tweet, finance ministry has said that some misleading information related to new tax regime is being spread on some social media platforms.
Apr 01, 2024, 09:06 AM IST
Explainer: Should Ultra Rich Pay Higher Tax? Check Why This Topic Is Gaining Momentum
Let's delve deep into whether the rich pay super tax and the reason why it sparks debate.
Mar 22, 2024, 15:19 PM IST
Income Tax 2023-24: Everything You Need To Know Before Filing ITR
Income tax in India is calculated based on factors like gross income, deductions, and tax slabs, supporting government initiatives.
Jun 29, 2023, 13:19 PM IST
Explained: What Is Marginal Tax Benefit Announced By FM For Small Taxpayers? How Will It Benefit Them?
Finance Ministry announced to offer a marginal tax relief to small taxpayers under the new tax regime. This relief will be available from April 1, 2023 for the financial year of 2023-24.
Mar 25, 2023, 16:27 PM IST
Baat Pate Ki: Know how taxpayers will benefit from the new Income Tax scheme?
Now if your earning is 7 lakh or less then no tax will have to be paid. The Finance Minister said that the government has reduced the compliance burden on the taxpayers. In this budget, many announcements have been made by Finance Minister Nirmala Sitharaman.
Feb 02, 2023, 01:16 AM IST
Union Budget Speech 2023 Highlights: FM Sitharaman Announces Tax reductions, Perks for Small Savings Schemes
Union Budget 2023 LIVE Updates: An individual with income of Rs 15 lakh will have to pay Rs 1.5 lakh tax, down from Rs 1.87 lakh under new tax structure, FM Sitharaman has announced.
Feb 01, 2023, 11:04 AM IST
Budget 2022: No change in income tax slab
Union Budget 2022-23 was presented today. Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament. The biggest thing about this budget is that no change has been made in the income tax slab.
Feb 01, 2022, 16:48 PM IST
Union Budget 2019: No change in income tax slab, but super-rich to pay more
For those earning less than Rs 2 crore per annum, there was no change in tax rates and the slabs also remained unchanged.
Jul 05, 2019, 14:19 PM IST
Are you lliable to pay any income tax? Know your IT slab category
If you are confused as to how much income tax you need to pay from your earnings, here's a list of details that you should remember.
Dec 28, 2017, 09:50 AM IST
No tax on individual income up to Rs 3 lakh, 2.5 lakh to 5 lakh slab to be charged at 5%
Finance Minister gave reprieve on income tax for those earning up to Rs 5 lakh.
Feb 01, 2017, 13:25 PM IST
GST law to have anti-profiteering clause, highest slab capped at 28%
To restrict any rise in the commodity prices post goods and services tax (GST) implementation, Centre has proposed an 'anti-profiteering' measure to ensure that trade and industry pass the benefits of reduction in tax rates to consumers.
Nov 26, 2016, 21:15 PM IST
