Uttar Pradesh Chief Minister Yogi Adityanath urged citizens to embrace self-reliance amid West Asian crises. He highlighted the state's sig...

The Finance Minister yesterday has proposed to levy a surcharge of 10% on income tax payable by those having taxable income from Rs 50 lakh...

Salaried employees, smaller businessmen and professionals paying rent exceeding Rs 50,000 will have to deduct 5 per cent tax at source.

For the aam aadmi, the Budget document's economic jargon can be intimidating. We break it down here to help you understand where exactly yo...

Pick the case study nearest to your annual salary to determine the Budget impact.

Such 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...

There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.

Here some of the key features of Union Budget 2016-2017 that you shouldn't miss.

The budget proposes to restrict the loss on house property that can be deducted from 'other heads of income' such as 'salary income' to Rs ...

A new clause (37A) in section 10 of the Andhra Pradesh Capital Region Act will be inserted to ensure capital gains arising from transfer of...

Compared to what some other countries have done, lots more can be done to make tax payments easier and may be even rewarding.

The industry players also want the government to provide a road map towards bringing down corporate income tax down to 25 per cent.

It is expected that Jaitley on February 1, 2017 may announce some upward revision in the income tax slabs to benefit the common tax payers ...

Knowing the fact that only 24 lakh taxpayers file returns with income over Rs 10 lakh, doubling the basic exemption limit looks unlikely.

The tax rates/slabs were last changed in the financial year 2014-15. The Finance Minister may enhance the same this year.

MAT provisions, as they largely stand now, draw their genesis from the Finance Act, 2000, which introduced tax at 7.5% of book profits.

People who pay income tax are likely to be the big gainers, having faced hardship due to demonetisation while also likely getting lower sal...