Tax Slabs: News

24 Jul 2024

Nirmala Sitharaman

Union Budget 2024: Will you be richer or poorer?

The Union Budget for the fiscal year 2024-25, presented by Finance Minister Nirmala Sitharaman, has sparked discussions about its implications for the middle class.

Mohandas Pai advocates for middle-class tax relief ahead of Budget 

Mohandas Pai, Chairman of Aarin Capital, has expressed concern over the growing discontent among India's middle class due to high taxation ahead of the Budget session.

28 Mar 2023

Income Tax Return

10 income tax rule changes from April 1: Know here 

The new financial year 2023-24, which starts on Saturday (April 1), will see the Ministry of Finance bring about many changes to the income tax rules.

01 Feb 2023

Union Budget

Union Budget 2023: How's new tax regime different from old

In a relief to middle-class citizens in the Union Budget 2023-24, the income tax exemption limit under the new tax regime has been increased from Rs. 2.5 lakh to Rs. 3 lakh, while the tax rebate limit was raised from Rs. 5 lakh to Rs. 7 lakh.

01 Feb 2023

Union Budget

Union Budget 2023-24: No income tax up to Rs. 7L

Announcing the new Union Budget for 2023-24 today, Finance Minister Nirmala Sitharaman declared renewed income tax rates.

01 Feb 2023

Nirmala Sitharaman

Union Budget 2023-24: Here are the key highlights

Union Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2023-24 on Wednesday.

31 Jan 2023

Union Budget

Union Budget 2023 presentation: Tax cuts, manufacturing incentives expected

Finance Minister Nirmala Sitharaman will present the Union Budget for 2023 in Parliament on Wednesday as people are hoping for reduced taxes, better social security, and financial incentives to boost production.

24 Jul 2022

Aadhaar Card

Income tax rules: 3 big changes to keep in mind

Three significant changes in India's income tax rules came into effect on July 1, 2022.

31 Jan 2022

Nirmala Sitharaman

Union Budget 2022: What the common man is expecting?

With just one day to go for the Budget 2022 presentation, the common man is relying on Finance Minister Nirmala Sitharaman for subsidies, incentives, and tax deductions, among other benefits.

04 Jul 2021

Lifestyle

Last-minute tax savings: Few common mistakes you must avoid

Those of us who wait until the last minute to plan taxes are bound to make some major mistakes.

29 Aug 2019

Nirmala Sitharaman

Earning Rs. 5L-10L? You might soon get income tax relief

The government should bring down income tax for those earning between Rs. 5 lakh and Rs. 10 lakh per year to 10%, a top panel has suggested.

10 Jun 2019

India

#FinancialBytes: How can salaried individuals save on income tax?

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers in the country.

05 Jun 2019

India

#FinancialBytes: How can salaried individuals save on income tax?

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers in the country.

09 Apr 2019

India

#FinancialBytes: All about Public Provident Fund, its features, tax benefits

In India, the Public Provident Fund (PPF) is one of the most preferred long term tax-saving investment options for both salaried as well as non-salaried individuals.

14 Mar 2019

India

#FinancialBytes: Everything about income tax slabs and rates for individuals

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers in the country.

#Budget2019: What are the income-tax changes proposed in Interim Budget?

Ahead of the upcoming Lok Sabha elections, acting Finance Minister Piyush Goyal, while presenting the Interim Budget, proposed several changes to the tax structure to provide relief to the salaried middle class.