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In Budget 2020, Finance Minister Smt. Nirmala Sitharaman unveiled a series of reforms and schemes that aimed at uplifting the Indian economy.
Here’s a look at Central Government’s budgetary allocation for various sectors for 2020-21
Union Budget 2020 proposals on Income Tax includes a new personal tax regime and reduced tax rates
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
Individual taxpayers now have the option to continue with the existing tax structure or shift to the new slabs in FY 2020-21.
A quick look at all the important announcements from the Union Budget 2019
Earning incomes from these income sources will not attract any tax liability in the hands of the taxpayer
A look at the taxation impact of Interim Budget 2019 on the industry in general, the relevant sectors with applicable budget proposals, and the taxpayer in general.