Key Highlights Of The Plan: The national infra pipeline of Rs 106 lakh crore addresses the country’s needs. To set up a project preparation facility for infrastructure projects. National logistics policy to be released soon. Logistics policy to create a single-window e-logistics market. Delhi-Mumbai Expressway to be completed by 2023. To monetize 12 lots of […]
Budget 2020 Income Tax Slabs and Rates changes Expectations: Presenting her second Union Budget in Parliament Saturday, Finance Minister Nirmala Sitharaman cut tax rates significantly for the salaried class, giving them relief, but provided they forgo exemptions. For the financial year 2020-21 and as per the new tax rates, People earning up to Rs 5 […]
Income Tax (Slabs 2019-20)is the annual tax on income which every individual, corporate firm, local authority or company has to pay to the Government. The tax is calculated on the annual income of a person or entity where the cycle starts from 1st April of the year and ends on 31st March of the next […]
Income Tax Deductions & Exemptions are defined as Exemptions- Incomes which are exempt u/s 10 will not include while computing total income. Deductions- Incomes from which deductions are allowable will first include in the gross total income and then deductions will be allowed. IT Deductions List FY 2018-19/AY 2019-20 Section 80C The eligible taxpayers can […]
2019-The Government Budget is an annual financial statement presenting the revenues and spending for a financial year that is often passed by the legislative, approved by the Chief Executive or President and presented by the Finance Minister to the Nation. Highlights of Budget 2019 Full Tax rebate up to 5 lakh annual income after all […]
As per the budget proposals 2019, big income tax relief for the salaried class who drawing annual income up to Rs.5 lakh propose to be made tax-free. Full Tax rebate for Annual Income up to Rs.5 Lakh The major boost to the salaried class, Finance Minister announced during the Interim Budget that all those earning up […]
