Latest News on Deduction
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Deduction - Total results - 44
Apr 06, 2018
New ITR forms: Sahaj becomes burdensome for the salaried class; duplication and paperwork plague processesInstead of unproductively gathering information from employees and matching them, the CBDT must use its powers to go after tax evaders.
Mar 30, 2018
Long-term capital gains tax, other Budget proposals to kick in on 1 AprilOther tax proposals like the reduced corporate tax of 25 percent on businesses logging a turnover of up to Rs 250 crore will come into effect from 1 April.
Feb 09, 2018
Standard deduction for employees: Arun Jaitley's Budget gift is a backhanded relief to salaried classIt is the salaried class which needed the finance minister’s sympathy, if not indulgence.
Feb 01, 2018
Budget 2018: From standard deduction to health and education cess, how Arun Jaitley changed your money lifeThis standard deduction given in budget was in lieu of exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses
Jan 31, 2018
Budget 2018: Will Arun Jaitley offer a surprise income tax cut to salaried employees?In the upcoming budget, the overall exemption limit available to salaried employees under various sections of Income Tax Act needs a re-look to broaden the scope for savings
Jan 30, 2018
India has great expectations from govt’s economic reforms but data shows not all of them are being metThe common man doesn’t know much about government's big ticket economic reforms but knows, for sure, their grocery bill is impacting their kitchen needs
Jan 18, 2018
Difference between co-payment and deductibles in insuranceArray
Jan 09, 2018
More tax breaks for middle class likely in Budget as finance ministry mulling hike in exemption limitIn the last Budget, Finance Minister Arun Jaitley left the slabs unchanged but gave marginal relief to small tax payer by reducing the rate from 10 percent to 5 percent for individuals having annual income between Rs 2.5-5 lakh.
Jul 31, 2017
Income tax returns filing deadline today: A list of dos and don'ts for last minute tax-filersYou can either chose to do it directly at the Indian Income Tax website or you can choose an online tax portal.
Jul 18, 2017
Still struggling to file your income tax returns? A quick guide to fill the Sahaj formThere are seven parts to the Sahaj form. Once you understand this it is fairly simple to file your income tax returns