Personal Finance-sector-2021

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Personal Finance-sector-2021 - Total results - 15
Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax
Business

Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax

Changes on the indirect tax front are also not significant to qualify as changes large enough to be structural leading to increased demand or increased production of items

Union Budget 2021: Govt focusses on easing pain points for taxpayers in coming fiscal year
Business

Union Budget 2021: Govt focusses on easing pain points for taxpayers in coming fiscal year

In order to make taxation processes faceless, the National Faceless Income Tax Appellate Tribunal Centre shall be established with the facility of personal hearing through videoconferencing.

Union Budget 2021: Nirmala Sitharaman offers carrot and stick approach to raise revenue, soothe taxpayers
Business

Union Budget 2021: Nirmala Sitharaman offers carrot and stick approach to raise revenue, soothe taxpayers

Taxpayers can also draw solace from the fact that the Budget has reduced the period for issuing tax notices by the department for a particular transaction to four years from seven years earlier

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
Business

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy

The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue.

Union Budget 2021: Nirmala Sitharaman makes eight tax-related announcements; benefits many
Business

Union Budget 2021: Nirmala Sitharaman makes eight tax-related announcements; benefits many

In a post-pandemic year, the government showed a serious intent to establish a tax regime with far-reaching impact

Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step
Business

Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step

From a consumer and healthcare perspective, Union Budget 2021 has a lot of positives. On the healthcare side, COVID-19 pandemic had brought to light India's underspend in healthcare. Budget 2021 has done well by allocating over Rs 2 trillion holistically towards the health sector, a handsome increase of 137 percent.

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Business

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI

Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha

Union Budget 2021: Use this income tax calculator to check how much tax you need to pay
Business

Union Budget 2021: Use this income tax calculator to check how much tax you need to pay

As people await the Budget, a key question for many will be how their taxes will be affected

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh
Business

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh

All eyes are on the upcoming budget for the next financial year as India looks to recover from the economic devastation caused by the coronavirus pandemic

Union Budget 2021: Taxpayers hope for lower income tax, deductions on medical treatment, incentives for WFH
Business

Union Budget 2021: Taxpayers hope for lower income tax, deductions on medical treatment, incentives for WFH

It is worthwhile to note that the major impact of the pandemic is not only on the general public or different sectors but also on the government

Union Budget 2021: Govt should consider tax relief to individual taxpayers, employers in WFH scenario
Business

Union Budget 2021: Govt should consider tax relief to individual taxpayers, employers in WFH scenario

The outbreak of COVID-19 pandemic in March 2020 in many ways compelled organisations to implement work from home policy for their employees during the lockdown period and post thereto

Union Budget 2021: Cut in taxes will put more money in consumer hands, will boost gold buy
Business

Union Budget 2021: Cut in taxes will put more money in consumer hands, will boost gold buy

A one-time capital gain exemption for gold may be a good incentive for the revival of small businesses.

Union Budget 2021: Govt should introduce framework for fiscal consolidation of infra firms
Business

Union Budget 2021: Govt should introduce framework for fiscal consolidation of infra firms

The infrastructure sector has been one of the most impacted due to the pandemic and companies have come under considerable financial stress.

Union Budget 2021: Govt should provide relief, cuts in personal tax; levy cess, increase rates for high income taxpayers
Business

Union Budget 2021: Govt should provide relief, cuts in personal tax; levy cess, increase rates for high income taxpayers

There are lot of expectations from Budget 2021 as it would be presented amid the COVID-19 pandemic which has caused significant disruption in the lives of many as well as severely impacted the economy.

Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year
India

Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year

The Union Budget will be presented against the backdrop of the economy in recession due to COVID-19