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Budget 2019-20: Nirmala Sitharaman Raises Taxes on Super-Rich, Eases FDI to Boost Investment - 10 Points
To realise the dream of making India a $ 5 trillion economy in the next few years, Union Finance Minister Nirmala Sitharaman on Friday presented a Budget which lays huge emphasis on investment and consumption.
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Income Tax Slabs Remain Unchanged in Budget 2019, 3% Increase in Surcharge for Taxable Income From Rs 2 to Rs 5 Crore and 7% for Income Above Rs 5 Crore
The Finance Minister added saying that all companies having annual turnover of 400 crores, will now be under the bracket of 25%. This will cover 99.3% of all the companies, the Finance Minister said. The deduction of interest paid on house loan increased from 2 Lakh to 3.5 Lakh. Also, the Section 80EE limit has been raised to 1.5 lakhs.
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Union Budget 2019 Speech by Nirmala Sitharaman: Increase In Petrol, Diesel Prices, No Change in Income Tax Slabs Among Highlights of India's First Woman Full Time FM's Maiden Budget
The Union Budget 2019-2020 will be presented by Finance Minister Nirmala Sitharaman in Parliament on Friday. The Budget 2019 speech will begin at 11 am. This is the first Budget of the Narendra Modi government after returning to power in Lok Sabha Elections 2019. Stay with us for Live updates on Budget 2019 speech.
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Budget 2019 Expectations: Income Tax Changes Expected From Nirmala Sitharaman's Maiden Union Budget on July 5
As Finance Minister Nirmala Sitharaman's pandora box to open in the Parliament in a few hours, Indian taxpayers have kept their fingers crossed expecting Income Tax rebates and more. Here's what market experts opine.
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Income Tax Rules: Know Everything About Tax Saving Before Union Budget 2019
The Union Budget is set to make its way on July 5. With Finance Minister Nirmala Sitharaman and change of office bearers, taxpayers are keeping a close watch whether any new reforms would be announced under the Income Tax rules. Here’s how taxpayers can save under various sections.
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Indian Army Backs Narendra Modi Government's Decision to Tax Disability Pension of Defence Personnel
The Indian Army on Tuesday supported the Modi government’s decision to tax disability pension of defence personnel. The Army said that higher compensation awarded for disability with tax exemption has over the years lead to rise in personnel seeking disability even for lifestyle diseases.
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Income Tax Rules: Know Everything About Tax Saving Under Sections 80C, 80TTA, 80TTB and Others Before Union Budget 2019
As Finance Minister Nirmala Sitharaman gets ready to present the Union Budget 2019, here's the basic difference between all IT Sections and the amount a taxpayer can save under each section.
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Union Budget 2019 Predictions: Finance Minister Nirmala Sitharaman to Open Pandora Box on July 5; Here's What to Expect
Union Finance Minister Nirmala Sitharama is all set to present Union Budget 2019 on July 5 and expectations are peaking. From professional taxes to healthcare, there will be lots to expect from the finance ministry this year. All eyes are set on Sitharaman’s team this budget season.
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Centre Compulsorily Retires 15 Senior CBIC Officials For Misconduct
Within days of showing the door to a dozen senior Income Tax officials for alleged charges of misconduct, the axe has now fallen on 15 senior revenue officials dealing with indirect taxes on charges ranging from demanding bribe, criminal conspiracy to financial impropriety.
