In the recent announcement in the Interim Budget on 1st February, the
Honorable Finance Minister had announced an increase in the tax rebate to Rs. 5,00,000.
Since, the announcement there has been a lot of confusion with regards to the type of tax concession it is. Whether it is an increase..
While the global economy is battling with strong headwinds, India's economy is seeing a robust growth and is on the path to emerge out as one of the fastest growing economies in the world. The Finance minister Mr. Piyush Goyal has presented the Interim Budget 2019-20.
This write-up provides a..
On First February of 2019, Honourable Interim Finance Minister CA. Piyush Goyal presented the budget in parliament for FY 2019-20. He also talked about various amendments that will take place in Income Tax Act from next financial year. In this article I tried to summarize and explain those amendment..
The Interim Budget, 2019 introduced proposals for the salaried taxpayers which can be availed in the Financial Year 2019-20. If one plans smartly, he can earn tax free income up to Rs. 10 lakhs. Further, if a person possesses two house and is paying taxes on notional rent, as the second is deemed to..
Following the tradition for last 8 years, here are my ten major points from budget for 2019-2020, presented today.
1. No income tax for income up to Rs. 5 lakhs. Once income exceeds, the effective tax slabs and rates will be as follows;
The key highlights of the Interim Budget 2019-20 presented by the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal in Parliament today are as follows:
12 crore small and marginal farmers to be provided with assured yearly inc..
The 2019 Budget is very much talked about since it is the last budget of the present government. Before the budget is presented on the 1st February 2019, here are some of the frequently asked questions about the Budget, that will help you give a better understanding of all the hype.
1. What is a ..
INTERIM BUDGET 2019-20 SUMMARY WITH KEY MAJOR HIGHLIGHTS
In the Budget 2019-20 presented by the Finance Minister Piyush Goyal on 1st February 2019, has introduced major changes in the Direct tax. Here' s a summary of all the major changes made in the Income Tax Act, with images from the Finan..
Interim Budget Expectations 2019-20:
There are already news items regarding the said Interim Budget, Vote on Account, all The Budget will have all populist measures as the this being the Election year. However, I think the Interim budget may not be seen as Budget in isolation of previous budgets ..