Tag archive for ‘income tax’
Union Budget 2019 highlights
By Paul Linus On Friday, July 5th, 2019
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Union Budget 2019 highlights

Special additional excise duty has been proposed by Rs 1/litre on petrol and diesel for road and infrastructure cess. Rs 20 coin will soon be released with new features. New coins of other denominations of Rs 1, More...

Budget 2019: Tax-free on income up to Rs 2.5L, 5% on up to Rs 5L
By Paul Linus On Friday, July 5th, 2019
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Budget 2019: Tax-free on income up to Rs 2.5L, 5% on up to Rs 5L

Finance Minister Nirmala Sitharaman said in her debut Union Budget presentation in Lok Sabha that those individuals who are into the highest income bracket are supposed to contribute more into nation-building. She More...

Nirmala Sitharaman 2019-20 Bbudget
By Paul Linus On Tuesday, July 2nd, 2019
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Nirmala Sitharaman may increase income tax relief in 2019-20 Bbudget

India is going through lack of jobs phase and this is hurting people like never before. Amid such phenomenon, the country is keeping an eye on another Union Budget, which is to be presented by finance minister Nirmala More...

Interim Budget 2019
By Paul Linus On Friday, February 1st, 2019
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No tax for income up to Rs 5 lakh: Interim Budget 2019

Finance Minister Piyush Goyal presented the Interim Budget on Friday terming it as “A Budget for everyone.” A tax rebate for individual taxpayers earning up to Rs 5 lakh was announced but with a catch. More...

Income Tax Department Urges To File ITRs By July 31
By Paul Linus On Sunday, July 30th, 2017
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Income Tax Department Urges To File ITRs By July 31

The Indian Income Tax Department has requested taxpayers to file income tax returns (ITRs) by July 31 as there will be no extension of deadline beyond it. The department said they have received more than 2 crore More...