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Tax Rebate News

02 Feb 2021

Senior citizens above 75 years get big relief in budget

Among several key announcements made by Union Finance Minister Nirmala Sitharaman in the Union Budget 2021-22, the senior citizens above 75 years with only pension income have been exempted from filing Income Tax returns.

Union Budget 2020

01 Feb 2020

Whats for you In Budget 2020? Watch full analysis here

Budget 2020 proposes a new tax regime that includes reductions of income tax slabs to reduce income tax rates and the total tax payable by individuals. Income between Rs 12.5 lakh and Rs 15 lakh will be taxed 25% less than the current 30%. Income above Rs 15 lakh will be subject to 30% tax.

01 Feb 2020

Budget 2020 Income Tax slabs and rates updates

Finance Minister Nirmala Sitharaman on Saturday (February 1) tabled General Budget 2020-21.

14 May 2017

GST cloud hangs over excise mop-up as dealers hold up strong

In wake of dealers are refraining from purhasing goods from manufacture about tax credits and rates under GST, excise collections may take a hit.

24 Jul 2016

GST Bill: Arun Jaitley to meet state finance ministers on Tuesday

Finance Minister Arun Jaitley will on Tuesday meet his counterparts in states to discuss proposed amendments to the GST Bill that has been passed by the Lok Sabha but is stuck in the Rajya Sabha, an official source here said.

Seventh Pay Commission

13 Jul 2016

7th Pay Commission: Key things you should avoid doing with the additional money

It's highly recommended that the additional money you receive is invested wisely.

02 Jul 2016

571 startups queue up for tax benefits

As many as 571 budding entrepreneurs have filed applications as on June 24 with the Department of Industrial Policy and Promotion (DIPP) for recognition as innovative startups to avail tax breaks and other benefits.

19 Mar 2016

How 52,911 profitable Indian companies pay nil tax

"Why is it that subsidies going to the well-off are portrayed in a positive manner? Let me give you an example.

23 Jun 2015

Govt proposes tax benefits for card payments

The government also proposed to make it mandatory to settle high value transactions of more than Rs 1 lakh through electronic mode.

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