Budget

Budget 2020: Income tax on interest income from bank deposits merits abolition

Budget 2020: Income tax on interest income from bank deposits merits abolition Budget 2020-21: In today’s falling interest rate regime, deposit rates have been declining at a faster clip than

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Economy

I-T Dept unearths undisclosed income, assets from two corporate groups

I-T Dept unearths undisclosed income, assets from two corporate groups Raids on Bharat Hotels Group in Delhi leads to detection of over ₹1,000 crore undisclosed foreign assets While the policy-making body

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Money

5 income tax changes expected in this year’s budget

5 income tax changes expected in this year’s budget Tax experts expect some rationalisation as there is a steep jump in tax rate when income exceeds ₹5 lakh Some tweaking in

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Budget

Budget 2020: Big income tax relief coming? Tax slabs, Section 80C, home buyers’ benefits, what to expect on Feb 1

Budget 2020 Expectations for income tax relief: Apart from suggesting that FM Sitharaman should reduce the Income Tax rates, Kuldip Kumar said there could be a major decision on the

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Money

Provident Fund: Can employer deny benefits, seek EPF exemption? Check SC’s twin tests

EPF Rules 2020: Out of a total workforce of 840 employees, Pawan Hans, a government-owned aviation company, had engaged 570 employees on a regular basis, while 270 employees were engaged

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Budget

Budget 2020: India needs to push for investments or spending to kickstart growth

Budget 2020 India: First, the government should not cut back capital expenditure in view of the revenue shortfall. Union Budget 2020 India: One of the key highlights from the recently released

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Budget

Budget 2020: scope of less taxable income, Here why It is time now to rationalise income tax rates

Budget 2020-21: On the personal income tax rates , the general expectation is that it will be reduced to boost domestic consumption. India Budget 2020: Over the last two months or

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Budget

Three global risks that could upend Budget 2020’s calculations

Finance Minister Nirmala Sitharaman will present her second budget on 1 February Here are the three global factors she needs to take into account while presenting the budget While the

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Income Tax

Not sharing PAN/Aadhaar? Employees can lose over 20% of income in AY 2020-21!

PAN/Aadhaar rules for AY 2020: As per Section 139A(5B), it is obligatory for employers (who are responsible for deducting tax at source) to quote PAN or Aadhaar number as the

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Budget

Three things that guide Nirmala Sitharaman in setting income tax rates

On 1 February, Nirmala Sitharaman will put an end to the suspense on what the government has in store for taxpayers when she unveils the Union Budget for FY21, the second

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