Money

Budget ideas 2020: Need to bring in tax parity between investments in MFs and ULIPS

Budget 2020 India: Hence it would not be out of place to compare mutual funds and insurance products like ULIPs. Union Budget 2020 India: Life insurance industry is not just

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Income Tax

Budget 2020: Income tax exemption limit could be raised

Budget 2020: Income tax exemption limit could be raised Prime Minister Narendra Modi will take a final call on income tax rate cuts Nirmala Sitharaman may raise the minimum exemption

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Finance

Govt stares at tax shortfall of Rs 2 lakh crore; room for income tax cut limited

Tax collections in the current fiscal may fall short of targets by as much as Rs2 lakh crore on faltering economy, leaving a very little room for Finance Minister Nirmala

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Budget

Budget 2020: Not just changes in tax slabs, Modigovt may unveil amnesty scheme for taxpayers

Budget 2020-21: The relief was 60% of the outstanding amount if it was Rs 50 lakh or less and 40% if it was more than Rs 50 lakh. Union Budget

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Money

Public Provident Fund (PPF): Depositing Rs 1.5 lakh? Section 80C cushion fails here

The maximum limit of Rs 1.5 lakh implies that you cannot claim deduction on full amount when the sum of your total contribution in PPF account and other schemes allowed

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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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