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Latest News on Personal Tax
Showing of 0 - 10 from 18 results
Personal Tax - Total results - 18
Jan 28, 2020
Budget 2020: Govt likely to raise spending on infrastructure, cut personal tax to revive economic growthSitharaman 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.
Jan 27, 2020
Budget 2020: Govt stares at tax shortfall of Rs 2 lakh cr on faltering economy; room for personal income tax relief limitedThe 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.
Jan 21, 2020
Budget 2020: Having showered confetti on corporates, Nirmala Sitharaman cannot disappoint salaried classThe 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
Oct 01, 2019
Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdownThere 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.
May 30, 2019
Narendra Modi govt should spare a thought for salaried class; jump from 5% to 20% tax is grossest injustice to middle income groupApart from being unjust to the middle class, it is the steep rate of tax that tantalises people to split their income
Feb 04, 2018
Budget 2018: Arun Jaitley has given only marginal relief on personal tax front to common manArun Jaitley had a little room to fulfill the widespread expectations of the common man from the Budget on the personal taxation front.
Jan 17, 2018
Direct tax collections jump 19% to Rs 6.89 lakh cr this fiscal; gross collections up 13.5% to Rs 8.11 lakh crCBDT says there has been consistent and significant improvement in the position of direct tax collections during the current fiscal
Feb 02, 2017
Budget 2017: Jaitley's numbers just don't add up; expect little relief from note ban painUnion 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
Feb 01, 2017
Union Budget 2017: Only 76 lakh Indians declared income over Rs 5 lakhFinance 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.
Jan 23, 2017
Govt may push for major changes in tax structure in Budget on account of demonetisation, says Care RaingsCare Ratings said the tax framework would be interesting for individuals and corporates where there are expectations of some major changes following demonetisation