Income Tax Slabs

Union Budget 2021: Scope for tax concession very limited, Centre may inject stimulus through capex, says expert

The expert said the fiscal deficit in the current fiscal is likely to be between 6.5-7 percent, adding that the government could relax the target but should keep a close eye on debt-GDP ratio projection

Over 70% industry respondents expect Budget to hike standard deduction limit for salaried individuals, says KPMG survey

Of the 250 respondents across sectors who participated in the KPMG in India's pre-budget Survey 2021-22, a small number said that they expect a new COVID-19 cess in Union Budget 2021

Centre will present 'dressed-up' revised estimates for 2020-21 in upcoming Union budget, claims Congress

The Opposition party demanded a large fiscal stimulus to the economy, asserting that such a step alone will put money in the hands of people and stimulate demand

Narendra Modi unveils new tax reforms, says system will now be 'seamless, painless and faceless'

Launching the platform 'Transparent Taxation – Honoring the Honest', Modi said that the I-T dept will start faceless appeals from 25 September

Budget 2019 Updates: Opposition terms interim budget a 'jumla'; Congress says Narendra Modi giving a vision of 10 yrs at end of tenure

Budget 2019 LIVE: Rajasthan chief minister Ashok Gehlot termed the budget as another 'jumla' of the Narendra Modi government. The Opposition has been targeting the interim budget calling it an exhibition of hollow dreams. Gehlot said that Narendra Modi was showing people dreams for the next 10 years when in reality, his term is going to end soon.

Budget 2019: Things to watch for in the new mega pension scheme; will it make Atal Pension Yojana redundant?

The Atal Pension Yojana levies heavy penalties for delay in paying monthly contributions, or inability to pay contributions for certain months.

Budget Speech 2019 Highlights: Income tax relief for common man, assured cash for farmers in FM's 'roadmap for development'

As Interim Finance Minister Piyush Goyal presents he Prime Minister Narendra Modi-led government's sixth and final budget before the Lok Sabha polls, here are the highlights of his speech.

As Budget nears, hopes of the salaried run high; will the government deliver?

If the government raises the basic exemption limit and also eases the slabs at which tax is collected, it will need to announce measures to widen the tax base significantly

A budget agenda for common man: Tweak income tax slabs, raise 80C deductions

The government should increase the minimum income threshold limit to Rs 3 lakh for those below 60 years and raise the 80C deductions to Rs 2 lakh