Personal Tax

Showing 1 of 18 from 18 results
Personal Tax - Total results - 18
Budget 2020: Govt likely to raise spending on infrastructure, cut personal tax to revive economic growth
Business

Budget 2020: Govt likely to raise spending on infrastructure, cut personal tax to revive economic growth

Sitharaman is expected to announce a plan in the budget to invest Rs 105 lakh crore ($1.48 trillion) in infrastructure over the next five years.

Budget 2020: Govt stares at tax shortfall of Rs 2 lakh cr on faltering economy; room for personal income tax relief limited
Business

Budget 2020: Govt stares at tax shortfall of Rs 2 lakh cr on faltering economy; room for personal income tax relief limited

The exchequer was shaved off Rs 1.45 lakh crore as the government slashed corporate tax rates up to 10 percentage points, the biggest reduction in 28 years.

Budget 2020: Having showered confetti on corporates, Nirmala Sitharaman cannot disappoint salaried class
Business

Budget 2020: Having showered confetti on corporates, Nirmala Sitharaman cannot disappoint salaried class

The one-size-fits-all standard deduction of Rs 40,000 from salary needs to be upped to a third of the salary or Rs 1 lakh whichever is less

Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdown
Business

Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdown

There is a likelihood that there will be some revival in the consumer spending in the next two months on account of the festive season demand, which could offer some relief to the economy.

Narendra Modi govt should spare a thought for salaried class; jump from 5% to 20% tax is grossest injustice to middle income group
Business

Narendra Modi govt should spare a thought for salaried class; jump from 5% to 20% tax is grossest injustice to middle income group

Apart from being unjust to the middle class, it is the steep rate of tax that tantalises people to split their income

Budget 2018: Arun Jaitley has given only marginal relief on personal tax front to common man
Business

Budget 2018: Arun Jaitley has given only marginal relief on personal tax front to common man

Arun Jaitley had a little room to fulfill the widespread expectations of the common man from the Budget on the personal taxation front.

Direct tax collections jump 19% to Rs 6.89 lakh cr this fiscal; gross collections up 13.5% to Rs 8.11 lakh cr
Business

Direct tax collections jump 19% to Rs 6.89 lakh cr this fiscal; gross collections up 13.5% to Rs 8.11 lakh cr

CBDT says there has been consistent and significant improvement in the position of direct tax collections during the current fiscal

Budget 2017: Jaitley's numbers just don't add up; expect little relief from note ban pain
Politics

Budget 2017: Jaitley's numbers just don't add up; expect little relief from note ban pain

Union Budget 2017-18 reflects a clear choice to stay on the same path even amid the additional difficulties caused by demonetisation – and therefore, promises little relief

Union Budget 2017: Only 76 lakh Indians declared income over Rs 5 lakh
Business

Union Budget 2017: Only 76 lakh Indians declared income over Rs 5 lakh

Finance Minister Arun Jaitley on Wednesday placed before Parliament some revealing data indicating that India's direct tax collection is not commensurate with the income and consumption pattern of the economy.

Govt may push for major changes in tax structure in Budget on account of demonetisation, says Care Raings
Business

Govt may push for major changes in tax structure in Budget on account of demonetisation, says Care Raings

Care Ratings said the tax framework would be interesting for individuals and corporates where there are expectations of some major changes following demonetisation

Don't see any big bang announcements on personal tax in Budget, says Frank Dsouza of PwC
Business

Don't see any big bang announcements on personal tax in Budget, says Frank Dsouza of PwC

It will take at least one more year for the government to completely understand the exact impact of demonetisation on tax collection

Government may slash personal income tax rate in this budget to offset demonetisation pain
Business

Government may slash personal income tax rate in this budget to offset demonetisation pain

The expectation now is that there could be some tweak in the exemption rules

Budget on 1 Feb: Arun Jaitley may not tinker with personal income, corporate tax rates
Business

Budget on 1 Feb: Arun Jaitley may not tinker with personal income, corporate tax rates

Hectic lobbying by India Inc already seems to have tilted the scales in favour of reduction in corporate tax rates instead of personal income tax slabs

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.

Personal tax: How much you will save post Jaitley's tax proposals in Budget 2014
Budget

Personal tax: How much you will save post Jaitley's tax proposals in Budget 2014

Finance Minister Arun Jaitley has provided some relief to the individual tax payer who has been bearing the brunt of high inflation in the economy.<br />

Budget 2013 wishlist: FM should increase tax exemption cap
Budget 2013

Budget 2013 wishlist: FM should increase tax exemption cap

A maximum deduction of Rs 1,50,000 is available for interest paid on housing loan. The property price and interest rates have increased substantially over years. There is a need to revise this limit of deduction.

Corporate tax declines but personal income tax swells in April-May
Politics

Corporate tax declines but personal income tax swells in April-May

Gross collection of corporate taxes declined 2.82 percent during April-May while personal income tax rose 10.02 percent during April-May