Salaried Class News

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Lower tax rate, good or bad? | Why Not Mint Money

Exemptions and deductions translate into huge tax savings and so you may not exactly gain under the lower tax rate system.

3 Feb 2020
Money

Income tax changes in 2018: Key things to know

While the changes to the deduction limit spelled trouble for those in the higher income bracket in 2018, it offered relief to senior citizens

2 min read29 Dec 2018
Industry

ITR-1 form for FY18-19 activated for e-filing: Income Tax Department

The income tax department has activated the ITR-1 form, largely used by the salaried class of taxpayers, the new forms mandate the salaried class assessees to provide their salary breakup

1 min read17 Apr 2018
Industry

How Indians earn

Most of India’s salaried class lack either written job contracts or benefits such as provident fund, shows the ICE 360 survey

4 min read7 Dec 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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