Personal Tax-2017

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Personal Tax-2017 - Total results - 40
Union Budget 2017 keeps with the spirit of Modi's ‘sabka saath, sabka vikas’
Business

Union Budget 2017 keeps with the spirit of Modi's ‘sabka saath, sabka vikas’

While forming the budget, Union Finance Minister Arun Jaitley has tried his best to keep the interests and needs of all classes in mind.

Union Budget 2017: Here's how you save Rs 12,875 a year after Jaitley's tax rate cut
Business

Union Budget 2017: Here's how you save Rs 12,875 a year after Jaitley's tax rate cut

For people with income of Rs 4.5 lakh, tax would be zero if the limit of Rs 1.5 lakh under Section 80C for investment is used fully

Budget 2017: Taxing farm income remains a political hot potato, middle class bears the brunt
Business

Budget 2017: Taxing farm income remains a political hot potato, middle class bears the brunt

As for the middle class, the bulwark of India’s economic growth, there is little to cheer in the tax proposals which Jaitley outlined his Budget proposals for 2017-18

Budget 2017: For the salaried, tax rationalisation remains a distant dream
Business

Budget 2017: For the salaried, tax rationalisation remains a distant dream

No major change has been provided leaving the salaried class empty handed at the end of the Budget.

New Income Tax slab 2017-18: Here's how Arun Jaitley is putting money into your pocket
Business

New Income Tax slab 2017-18: Here's how Arun Jaitley is putting money into your pocket

This means the overall tax rate will come down for those who have income up to Rs 5 lakhs.In fact even those who have income above Rs5 lakhs will benefit slightly.

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.

Budget 2017: Arun Jaitley's tax relief to demonetisation-hit middle class was a lollypop
Business

Budget 2017: Arun Jaitley's tax relief to demonetisation-hit middle class was a lollypop

Arun Jaitley would have won the hearts and minds of the middle class had he completely spared from income tax those whose income is not more than Rs 5 lakh

Union Budget 2017: A list of key steps by Arun Jaitley that changed your money life
Business

Union Budget 2017: A list of key steps by Arun Jaitley that changed your money life

Here’s a quick glance as to how your money life will change starting 1 April 2017

Budget 2017: From GST implementation to tax cuts, industry hopes FM will deliver
Business

Budget 2017: From GST implementation to tax cuts, industry hopes FM will deliver

The impact of demonetization on the economy will be long lasting if it’s not now bolstered with an Indian equivalent of quantitative easing similar to what the US and western economies did after the 2008 banking collapse

Hike medical expenditure limit to Rs 50,000 from Rs 15,000, says PwC's Sandeep Agarwal
Business

Hike medical expenditure limit to Rs 50,000 from Rs 15,000, says PwC's Sandeep Agarwal

The medical expenditure limit needs to be revised to at least Rs 50,000 from Rs15, 000

Budget 2017 and beyond: improving home ownership through better affordability
Business

Budget 2017 and beyond: improving home ownership through better affordability

The Housing Finance industry should be given infrastructure status.

After demonetisation pain, will Arun Jaitley offer tax balm for common man?
Business

After demonetisation pain, will Arun Jaitley offer tax balm for common man?

To provide incentive to common man, there is an expectation that the basic exemption limit may be raised to Rs 3.75 lakh or Rs 4 lakh this year.

Budget 2017-18 may look to soften note ban woes by tax relief
Business

Budget 2017-18 may look to soften note ban woes by tax relief

Tax experts and economists said Jaitley may hike the service tax (currently at 15 per cent) to align with the GST regime.

These small steps in Budget 2017 can go a long way in easing common man’s tax pain
Business

These small steps in Budget 2017 can go a long way in easing common man’s tax pain

Budget 2017 is keenly awaited with expectations riding high from all quarters.

Tax payer hopes from Budget 2017 soar; with ball in Arun Jaitley's court, will he score a goal or self-goal?
Business

Tax payer hopes from Budget 2017 soar; with ball in Arun Jaitley's court, will he score a goal or self-goal?

The government should consider providing benefits to tax payers directly in many ways ; this will be an incentive for people to show their real income and will help widen tax base

Budget 2017: FM may cut taxes, lack of indirect-tax data may make it tough
Business

Budget 2017: FM may cut taxes, lack of indirect-tax data may make it tough

Jaitley may in his February 1 Budget propose some changes in indirect tax rates on some products and services till such time that the GST takes over

Chanakya's way: 3 soft tricks Arun Jaitley may play to tax capital gains
Business

Chanakya's way: 3 soft tricks Arun Jaitley may play to tax capital gains

India's overall taxpayer base in a nation of 125 crore (1.25 billion) people is only 48 million, or 4.8 crore -- or 3.8 percent of the population.

Financial planners' Budget wishlist: Raise I-T exemption, medical reimbersement
Business

Financial planners' Budget wishlist: Raise I-T exemption, medical reimbersement

The slaried is paying higher fees and cross-subsidising Right To Education; the government should allow full waiver of tuition fees without any cap

Service tax on health insurance is a deterrent; would it be cut in this budget?
Business

Service tax on health insurance is a deterrent; would it be cut in this budget?

Statistics reveal that around 80 percent of expenditure on health is through personal, out of pocket resources in India, which is an inefficient way of dealing with healthcare expenses.

Budget for salaried: SBI for raising income tax exemption to ease demonetisation pain
Business

Budget for salaried: SBI for raising income tax exemption to ease demonetisation pain

While the revenue forgone through exemptions would be over Rs 35,000 crore, tax collections under IDS-2 could be around Rs 50,000 crore and cancelled liabilities from the RBI is expected to be around Rs 75,000 crore, said SBI's Chief Economic Advisor Soumya Kanti Ghosh