Interim Budget 2019: Income upto Rs 5 Lakh to get Full Tax Rebate Relief of over Rs 23,000 crore to estimated 3 Crore small and middle class tax-payers TDS threshhold on interests on small savings raised Boost to housing and real estate sector FM … [Read more...]
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Budget 2018-19 : Finance Minister Jaitley may Hike Income Tax Exemption Limit from Rs 2.5L to Rs 3L or More
Budget 2018 – Will income tax limit be raised to Rs. 3 or 5 lakhs? “The tax slab is expected to be raised in favour of government employees” According to information available, the annual budget, to be presented by Finance Minister Arun Jaitley on … [Read more...]
No Proposal to Amend Income Tax Rates – Lok Sabha Q&A
No Proposal to Amend Income Tax Rates – Lok Sabha Q&A Govt says No Proposal to Revise Income Tax Rates this year GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION No. 1355 TO BE ANSWERED ON FRIDAY, … [Read more...]
Highlights of Government Orders Income Tax Slabs & Tax Rates
HIGHLIGHTS OF GOVERNMENT ORDERS Income Tax Slabs & Tax Rates AY 2018-19 - (FY 017-18) Individual below 60 years of age: 1. Income Tax Slab Income Tax Rate Income upto Rs. 2,50,000 Nil 2. Income between Rs. 2,50,001 – Rs. 500,000 5% of Income … [Read more...]
