Personal Tax

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

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

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

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

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.

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

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

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

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

Six reasons why taxing EPF was a stupid idea in the first place