The Union Budget 2020-21 saw a major announcement by the Central Government with regard to the taxation system for individual taxpayers. Now, there is an old regime and new regime in place, any of which can be chosen by taxpayers while filing their returns. Which one should you pick? Here’s shedding some light on the […]
Archives
Will the upcoming Budget usher in personal income tax changes? Here’s looking at major expectations
A number of proposals have been received by the finance minister and many proposals have been received with multifarious suggestions. Some experts have suggested not messing with the personal tax rates while others preferred that the personal tax rates be reduced and brought in line with the corporate tax rate. Expectations on corporate taxes were […]
AY2019-20 ITR forms- what are the new things to expect?
Yes we all love surprises but of the pleasant kind of course! When on the topic of surprises, do remember to check out the new AY2019-20 forms released by the Income Tax Department unless you want surprises of an unpleasant kind! It always pays to be well informed about changes in income tax filing so […]
Top tax saving options other than Section 80C
Most people look to Section 80C for tax deductions but often miss out on some other options that also come in handy for this purpose. Here’s looking at the top tax saving options other than Section 80C that taxpayers can avail of. There are several such options available that you should know more about. Here’s […]
Will 2019 Union Budget usher in Housing Loan & IT Rebates?
The Union Budget is once again on the anvil, only this time around it will be an interim budget, seeing as the elections will follow later this year. Expectations are rife from the Union Budget for 2019 with several experts anticipating housing loan and income tax rebates and other benefits. Although interim budgets are perceived […]
