Add to ORKGBudget 2020 has proposed to introduce new tax slabs with reduced rates for those foregoing 70 tax exemptions and deductions. This new simplified tax regime is optional and will co-exist with the old one with three tax slabs and various tax exemptions and deductions available to the taxpayer.The government has already defended its tax move and said 90 per cent income tax filers in India claim tax deductions less than Rs.2lakh. At least 5.3crore people of 5.78crore claimed deductions of less than Rs.2lakh(standard deductions, PF, Home Loan interest, NPS, Life Insurance, Medical Insurance, etc.) while filing returns
The Indian taxation system is based on the assumption of maximum social welfare. The Indian taxation...
Value added tax (VAT) is a type of indirect tax that is imposed on goods and services. Sometimes, wh...
A flat rate comprehensive federal income tax could be achieved by replacing graduated rates with a s...
Budget 2020 has proposed to introduce new tax slabs with reduced rates for those foregoing 70 tax ex...
The tax structure in India is divided into two categories that are direct tax and indirect tax. The ...
A developing economy like India necessities sufficient resources to finance the developmental activi...
Taxation is the primary source of income for the government. Taxes collected from both direct tax an...
To remove cascading effect of taxes and provide a common nation-wide market for goods and services, ...
India is the sixth largest and fastest growing economy in the world. It has some advantages and resp...
Direct Tax Code (DTC) could replace India's Income Tax Act 1961 "If existing laws are to be replaced...
On 20th December, 2019, the Central Government introduced the Taxation Laws (Amendment) Ordinance, 2...
To study the planning of individual income tax and tax saving instruments of individual income tax. ...
In 2016, India demonetized its high denomination currency notes and introduced new bills in order to...
The banking sector is one of the biggest and revenue generating sector in our economy. India is a co...
An effective tax strategy is vital for successful financial planning. Paying tax is always painful t...
The Indian taxation system is based on the assumption of maximum social welfare. The Indian taxation...
Value added tax (VAT) is a type of indirect tax that is imposed on goods and services. Sometimes, wh...
A flat rate comprehensive federal income tax could be achieved by replacing graduated rates with a s...
Budget 2020 has proposed to introduce new tax slabs with reduced rates for those foregoing 70 tax ex...
The tax structure in India is divided into two categories that are direct tax and indirect tax. The ...
A developing economy like India necessities sufficient resources to finance the developmental activi...
Taxation is the primary source of income for the government. Taxes collected from both direct tax an...
To remove cascading effect of taxes and provide a common nation-wide market for goods and services, ...
India is the sixth largest and fastest growing economy in the world. It has some advantages and resp...
Direct Tax Code (DTC) could replace India's Income Tax Act 1961 "If existing laws are to be replaced...
On 20th December, 2019, the Central Government introduced the Taxation Laws (Amendment) Ordinance, 2...
To study the planning of individual income tax and tax saving instruments of individual income tax. ...
In 2016, India demonetized its high denomination currency notes and introduced new bills in order to...
The banking sector is one of the biggest and revenue generating sector in our economy. India is a co...
An effective tax strategy is vital for successful financial planning. Paying tax is always painful t...
The Indian taxation system is based on the assumption of maximum social welfare. The Indian taxation...
Value added tax (VAT) is a type of indirect tax that is imposed on goods and services. Sometimes, wh...
A flat rate comprehensive federal income tax could be achieved by replacing graduated rates with a s...