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TAX IN BUDGET 2017
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
- Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
- UP CM Yogi Adityanath calls for COVID-like national spirit to tide over West Asia crisisUttar Pradesh Chief Minister Yogi Adityanath urged citizens to embrace self-reliance amid West Asian crises. He highlighted the state's sig...
- The super rich will save more due to Budget 2017 proposals: Find out howThe Finance Minister yesterday has proposed to levy a surcharge of 10% on income tax payable by those having taxable income from Rs 50 lakh...
- Budget 2017: 9 things consumers need to knowSalaried employees, smaller businessmen and professionals paying rent exceeding Rs 50,000 will have to deduct 5 per cent tax at source.
- Has Arun Jaitley's Budget left you richer or poorer? Read and find outFor the aam aadmi, the Budget document's economic jargon can be intimidating. We break it down here to help you understand where exactly yo...
- What happens to your taxesPick the case study nearest to your annual salary to determine the Budget impact.
- Budget 2017: Thinly capitalised, overseas promoted companies to pay more taxSuch companies whose interest outgo was over 30% of operating profit or EBITDA could claim the same as expense and set it off against tax l...
- Wishes unfulfilled: What you wanted and what you got in Budget 2017There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
- Most important features of Budget 2017 that you shouldn't missHere some of the key features of Union Budget 2016-2017 that you shouldn't miss.
- Claiming home loan interest tax break on rented house? Budget 2017 has bad news for youThe budget proposes to restrict the loss on house property that can be deducted from 'other heads of income' such as 'salary income' to Rs ...
- Budget unveils tax incentive for building Andhra capitalA new clause (37A) in section 10 of the Andhra Pradesh Capital Region Act will be inserted to ensure capital gains arising from transfer of...
- How Budget can make taxpayers happy...without cutting ratesCompared to what some other countries have done, lots more can be done to make tax payments easier and may be even rewarding.
- Pharma industry wants budget to offer tax clarityThe industry players also want the government to provide a road map towards bringing down corporate income tax down to 25 per cent.
- Mr Jaitley, these are five key expectations from Budget 2017It is expected that Jaitley on February 1, 2017 may announce some upward revision in the income tax slabs to benefit the common tax payers ...
- Are you expecting good tax breaks in Budget 2017? Think againKnowing the fact that only 24 lakh taxpayers file returns with income over Rs 10 lakh, doubling the basic exemption limit looks unlikely.
- Budget 2017: Here are a few areas where FM Jaitley can give you tax breaksThe tax rates/slabs were last changed in the financial year 2014-15. The Finance Minister may enhance the same this year.
- Government may rationalise MAT in Budget 2017MAT provisions, as they largely stand now, draw their genesis from the Finance Act, 2000, which introduced tax at 7.5% of book profits.
- Budget 2017 may provide tax gain for common people to soothe note ban painPeople who pay income tax are likely to be the big gainers, having faced hardship due to demonetisation while also likely getting lower sal...
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