Tag archive for ‘tax’
Howdy Modi effect - Sensex jumps 1,000 points
By admin On Monday, September 23rd, 2019
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Howdy Modi effect – Sensex jumps 1,000 points

Following yesterday’s Howdy Modi event at NRG Stadium in Houston the sensex jumped 1,075 points or 2.83 percent on first trading day of the week. It closed at 39,090. The Nifty zoomed 329 points or 2.92 percent More...

FM announces corporate tax cut, Sensex jumps 2k points
By admin On Friday, September 20th, 2019
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FM announces corporate tax cut, Sensex jumps 2k points

Sensex jumped the highest on Friday as biggest ever single day gains with rise of more than 2,200 points and Nifty gained 668 points following announcement of Finance Miister Nirmala Sitharaman of a massive tax More...

tax savings
By admin On Tuesday, September 3rd, 2019
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5 Investment Options to Maximise Your Tax Savings

Given a choice, we would never want to pay taxes on our earned income. As citizens of India; however, we are also consumers of the public facilities and infrastructure in the country, and the tax we pay serves as More...

Deadline for filing Income Tax Returns extended by one month
By Paul Linus On Tuesday, July 23rd, 2019
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Deadline for filing Income Tax Returns extended by one month

The July 31 deadline has been extended by one month for taxpayers for filing Income Tax Returns. According to the Central Board of Direct Taxes (CBDT) the ITR-1 form is now simplified and salaried employees can More...

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...

gst
By Paul Linus On Sunday, June 30th, 2019
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GST 2.0 to knock doors of big businesses in October

The GST 2.0 is learned to be rolled out later this year in October and initially it will only affect the big business houses. For the smaller businessmen, the updated version would go into effect from January 2020. From More...

GST Council to kick start phase II of implementation
By Paul Linus On Saturday, June 29th, 2019
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GST Council to kick start phase II of implementation

The initial hiccups of GST seem to have settled down by now and this is the right time for Finance Minister to kick start phase II of it. It is learned the new phase may take up some unfinished reforms, agenda, 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...