Earning incomes from these income sources will not attract any tax liability in the hands of the taxpayer
Individual taxpayers now have the option to continue with the existing tax structure or shift to the new slabs in FY 2020-21.
The Union Budget proposal for amendment of tax laws to bring NRIs under the tax ambit can effect a sea change in NRI taxability.
In Budget 2020, Finance Minister Smt. Nirmala Sitharaman unveiled a series of reforms and schemes that aimed at uplifting the Indian economy.
While, in Budget 2020, the stimulus package did not materialise, it does offer hope for SMBs reeling under a credit crunch and slowing demand. Read on to know more.
Union Budget 2020 proposals on Income Tax includes a new personal tax regime and reduced tax rates
How does the personal tax new regime pan out and how are you going to save your taxes by opting for it?
With cuts to personal tax, the Finance Ministry aims to simplify the tax regime and provide relief to the middle and lower-middle-class households
Here’s a look at Central Government’s budgetary allocation for various sectors for 2020-21
In these times of slowdown, it is hoped that the forthcoming budget will propose personal tax cuts to boost demand.
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