Union finance minister Smt Nirmala Sitharaman presented the Union Budget 2021 in Parliament on Monday (02-Feb-2021). The finance minister provided a major boost to healthcare and infrastructure sectors in Union Budget 2021. There was no change in Income Tax slabs this year. However, certain important proposals have been made, which can have an impact on an individual’s Personal Finance & […]
Business & Politics
Income Tax Slab Rates for FY 2021-22 / AY 2022-23 | Budget 2021 Key Highlights
The Indian Finance Minister has tabled today, the Union General Budget 2021-22 in the Parliament. Kindly note that there has been no changes made to personal Income tax structure. Below are the latest Income Tax Slab Rates for FY 2021-22 or AY 2022-23. (FY is Financial Year and AY is Assessment Year) Latest Income Tax Slab Rates for FY 2021-22 […]
Income Tax Slab Rates for FY 2020-21 / AY 2021-22 | Budget 2020 Key Highlights
The Indian Finance Minister has tabled today, the Union General Budget 2020-21 in the Parliament. Below are the latest Income Tax Slab Rates for FY 2020-21 or AY 2021-22. (FY is Financial Year and AY is Assessment Year) Latest Income Tax Slab Rates FY 2020-21 Effective from FY 2020-21, the individual tax assessee will have an option to go for […]
Pradhan Mantri Laghu Vyapari Maan-dhan Yojana 2019 : Govt Pension Scheme for Small Traders | Features & Details
India has a rich tradition of trade and commerce. Our traders continue to make a strong contribution to India’s economic growth. In a decision that will benefit the trading community, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi has recently approved a new scheme called ‘Pradhan Mantri Laghu Vyapari Maan-dhan Yojana‘ that offers […]
Latest NRI Gift Tax Rules 2019-20 | Gifts to NRIs can be Taxable now!
Gifts, who would not like to receive them? Gift is something we all like to receive from our beloved ones. But, a very common and frequent question running in the mind of taxpayers is the tax implications of gifts in India. What is considered as a Gift under Income Tax Act? A gift is Money or […]
Important & Comprehensive list of Budget 2019-20 Proposals related to Personal Finance | W.e.f AY 2020-21
We are all aware that Interim-budget was presented in Feb 2019 by the then Finance Minister Shri. Piyush Goyal. With a new government now in place, a full general budget has now been tabled in the Parliament by the current FM Smt. Nirmala Sitharaman. In both the Budgets, certain important proposals have been made which can have […]
