There are many changes in the income tax rules effective from this financial year. Changes in income tax slabs to tax rebate limit raised, No LTCG tax benefit on some debt mutual funds are some of the major changes effective from 1 April 2023.
6 Apr 2023This year hopes are very high from the finance minister to announce some tax cuts for individuals in the budget. As the economy is growing at a slower pace, it is anticipated that the government will announce some tax cuts to boost consumption.
21 Jan 2020CII also suggested that corporate tax rate should be reduced to 25%, irrespective of turnover, and should be brought down to 18% in a phased manner
1 min read16 Jan 2019While 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 2018Four experts tell us tax-saving ideas they think are the most beneficial, for FY19
5 min read2 Apr 2018This year, you will pay more tax on some things and less on others. Here are seven tax changes that you need to know
2 min read3 Apr 2018Budget 2018 adopts a pragmatic approach by providing some income tax relief to salaried taxpayers, senior citizens, and SMEs
6 min read23 Feb 2018The angst of the Indian industry to the proposed changes in corporate tax structures reinforces a simple fact: fiscal reforms can be quite difficult
2 min read2 Dec 2015The 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