Personal Tax 2018

Budget 2018-2019: Trade unions for Rs 5 lakh tax-free income, Rs 3 lakh minimum pension for workers

Representatives of the trade unions, including Bharatiya Mazdoor Sangh and Hind Mazdoor Sabha, took up their 12-point charter of demands with Finance Minister Arun Jaitley in the meeting that lasted for more than hour.

Budget 2018: Here are 7 things govt should do to bring relief to taxpayers

The government is found wanting in bringing about relief to individual taxpayers on lot many fronts.

More tax breaks for middle class likely in Budget as finance ministry mulling hike in exemption limit

In the last Budget, Finance Minister Arun Jaitley left the slabs unchanged but gave marginal relief to small tax payer by reducing the rate from 10 percent to 5 percent for individuals having annual income between Rs 2.5-5 lakh.

Govt to simplify income tax laws, sets up task force under taxman Arbind Modi to study overhaul

The move, which is aimed to make direct taxes - income and corporate - simple, comes ahead of BJP-led government's last full Budget.

In reply to Shashi Tharoor's suggestion, govt says it will examine Rs 5 lakh tax exemption proposal for pensioners

MoS for Finance Shiv Pratap Shukla in a letter says proposal for pensioners would be examined during exercise for ensuing Union Budget 2018

Budget 2018: Increase social security pension from Rs 200 to at least Rs 500, experts tell Arun Jaitley

At pre-Budget meet, experts pointed out the amount for social security pension has been abysmally low of Rs 200 per month