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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 […]