Common Man-budget-2015

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Common Man-budget-2015 - Total results - 45
Jaitley's tax gimmick: Budget 2015 gives tax benefit of only Rs 52,221, not Rs 4.44 lakh
Budget

Jaitley's tax gimmick: Budget 2015 gives tax benefit of only Rs 52,221, not Rs 4.44 lakh

The finance minister Arun Jaitley during the course of his budget speech today remarked: “After taking into account the tax concession given to middle class tax payers in my last Budget and this Budget, today an individual tax payer will get tax benefit of Rs 4,44,200.”

Misplaced priorities? Budget 2015 doesn't allow govt to take on spread of diseases like swine flu
Business

Misplaced priorities? Budget 2015 doesn't allow govt to take on spread of diseases like swine flu

The budget fails to address the urgent requirements in the healthcare sector

From gold bonds to cheap LCD, LED TVs: 10 takeaways from Budget 2015 for the aam aadmi
Economy

From gold bonds to cheap LCD, LED TVs: 10 takeaways from Budget 2015 for the aam aadmi

Despite no apparent mention of income tax incentive for the common man, finance minister Arun Jaitley provided certain reliefs in Budget, that will allow the aam aadmi to save more.

Budget 2015 does nothing spectacular for the health of the economy
Business

Budget 2015 does nothing spectacular for the health of the economy

The attractive pre-election campaign on minimum government does not get reflected in the budget.

Travel, movies, shopping get costlier: Budget 2015 finds no middle class takers
Business

Travel, movies, shopping get costlier: Budget 2015 finds no middle class takers

The reaction to the Budget among the middle class was mixed with some calling it ‘forward looking’ which ‘will help the economy in the long run’. The dominant mood, however, was one of dismay.

More deductions but no changes in tax slabs: What Union Budget 2015 offers middle class
Economy

More deductions but no changes in tax slabs: What Union Budget 2015 offers middle class

Finance Minister Arun Jaitley did not really bring in acche din for the salaried class as the income tax slabs remain unchanged but it did offer some respite by doubling monthly transport allowance ( which is tax free) to Rs 1600 as well as offering deductions under section 80 (D)

Budget 2015: Why cut corporate tax but not personal tax, Mr Jaitley?
Business

Budget 2015: Why cut corporate tax but not personal tax, Mr Jaitley?

Around 3% of Indians pay income tax. If more corporates are likely to pay more tax at lower rates, can't the same assumption be made for individual tax payers as well? Further, like the corporates income tax laws, can't the personal income tax laws simplified as well?

Budget 2015: Jaitley incentivises middle class tax payers
Economy

Budget 2015: Jaitley incentivises middle class tax payers

The finance minister wants you to save more for your twilight years; pension funds and health insurance firms are the biggest beneficiaries.

Budget 2015: Arun Jaitley explains why he didn't give you any tax breaks this time
Budget

Budget 2015: Arun Jaitley explains why he didn't give you any tax breaks this time

The Finance Minister has explained why he has gone back on his promise of raising income tax exemptions for the salaried class.

Budget 2015 takeways: Eating out gets costlier as FM raises service tax to 14%
Economy

Budget 2015 takeways: Eating out gets costlier as FM raises service tax to 14%

Finance Minister Arun Jaitley today presented the Union budget for FY16 in the backdrop of easing inflation and interest rates but continued growth challenges which the government needs to address. Jaitley is under pressure to unveil reforms that will put the country’s economy on a path of 7-8 percent growth over the next two years.

Crystal ball gazing: Wear blue to avoid budget blues, Bejan Daruwalla's advice to Jaitley
Budget

Crystal ball gazing: Wear blue to avoid budget blues, Bejan Daruwalla's advice to Jaitley

The Budget will take the Modi government one step higher if not 10 steps. Thanks to PM Modi, Arun Jaitley will present a budget which will attract investors from across the globe to India. Jaitley will focus on Below the Poverty Line people, widows, orphans and those who want to grow with the funds the government will provide under various schemes.

Budget 2015: These graphics explains what can be done on the tax front
Budget

Budget 2015: These graphics explains what can be done on the tax front

For the finance minister to balance fiscal consolidation and boosting growth, the government will have to initiate far reaching changes on the taxation front including ensuring a non-adversarial tax regime, steps towards GST and benefits on personal tax.

Budget2015: Cut service tax, support SMEs, says entrepreneur Bhutani
Business

Budget2015: Cut service tax, support SMEs, says entrepreneur Bhutani

The entrepreneur was also in support for making housing and education loans more customer-friendly.

Budget2015: Money should reach colony level for development, says RWA member
Economy

Budget2015: Money should reach colony level for development, says RWA member

The retired military man expects the government to come up with smart colony concept where money should be granted to colonies to meet their demands.

Exemptions to Deductions: What aam aadmi wants from Budget 2015
Politics

Exemptions to Deductions: What aam aadmi wants from Budget 2015

The qualifying fixed deposit tenure can be reduced from five years to three years.

I-T exemption limit to LTA: FM Jaitley may dole out tax sops to win over the middle class
Budget

I-T exemption limit to LTA: FM Jaitley may dole out tax sops to win over the middle class

Eager to win over the middle class after the Delhi poll debacle, Finance Minister Arun Jaitley on February 28 is expected to present an aam aadmi friendly Budget by either raising tax slabs or hiking investment limit in savings instruments.

Inheritance tax no good, instead change culture of saving too much for children, says Rajan
Business

Inheritance tax no good, instead change culture of saving too much for children, says Rajan

His views come amidst some voices seeking an inheritance tax in the forthcoming Budget

Budget 2015: Hike exemption limit in PF, PPF, says an entrepreneur
Economy

Budget 2015: Hike exemption limit in PF, PPF, says an entrepreneur

In the last Budget, the government had increased the slab by Rs 50,000 from the existing Rs 1 lakh bringing cheers to many but still it isn't sufficient.

Budget 2015: Here's how FM Jaitley can get his fund allocation right
Economy

Budget 2015: Here's how FM Jaitley can get his fund allocation right

There’s a pressing need to plug the huge infrastructure gap the country faces and it is infrastructure which is going to give the growth engine a big shove.