Personal Tax 2016

Taxing EPF: 11 clarifications only add to confusion; trade unions strike on 10 March

Budget 2016: From EPF googly to pricier garments, why the salaried class is getting a heart burn

Budget 2016: This is a make budget for Arun Jaitley, not a break budget, writes Yashwant Sinha

Budget 2016 is a make budget not a break budget and it has come as a pleasant surprise.

Budget 2016: Govt raises surcharge on income of super-rich to 15%

In the last Budget, Jaitley had abolished the wealth tax and replaced it with an additional surcharge of 2 percent on the super-rich with a taxable income of over Rs 1 crore.

Budget 2016: Tax exemption raised to Rs 1.5 lakh under superannuation fund

The finance minister also proposed that 40 percent of the pension wealth of an employee under NPS will be exempted from tax.

Budget 2016: A pro-poor budget; adherence to fiscal deficit a big positive, say experts

Here is what experts ranging from macroeconomic, infrastructure to banking sector have to say on Budget 2016

Budget 2016: Jaitley plays Santa with rent payers, raises HRA deduction limit to Rs 60,000

In a relief to individual tax payers, Finance Minister Arun Jaitley today increased the tax deduction limit to Rs 60,000 per annum from the current Rs 24,000 on the housing rent.

Budget 2016: Bonanza for new workers, govt to contribute 8.33% towards EPS

To create new jobs, the government has decided to pay 8.33 per cent of wages to EPS on behalf of employers for workers during first three years of employment, and has given Rs 1,000 crore for the same.

Budget 2016: From cess on cars to HRA sop, how Jaitley changed your money life

Here's how your money life changed after Union Budget 2016

Budget 2016: Wooing foreign investors? Govt waives penalty, interest on pending tax disputes

In order to soothe nerves of foreign investors, the government today offered one-time settlement of cases emanating from retrospective amendment of tax laws, by asking companies to pay the basic tax demand and get waiver for interest and penalty.