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PM to launch platform to honour honest taxpayers on August 13

PM to launch platform to honour honest taxpayers on August 13

Prime Minister Narendra Modi will launch a platform for honouring the country's honest taxpayers on Thursday. The 2020-21 Budget unveiled on February 1, had announced a 'taxpayer charter', ...

A top tax expert decodes the new Income Tax regime changes announced in the Budget

A top tax expert decodes the new Income Tax regime changes announced in the Budget

In spite of major concessions announced by way of an ordinance in October 2019, the Indian economy continued to dwindle in the backdrop of the global economic meltdown. The current economic...

If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000

If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000

The new tax regime could mean savings of up to ₹15,600 for people earning more than ₹13 lakh per month. A person earning ₹15 lakh will be losing out on at least ₹73,000 in tax benefits as t...

IKEA furniture and Jimmy Choo shoes will get costlier after budget 2020

IKEA furniture and Jimmy Choo shoes will get costlier after budget 2020

People will have to shell extra money in order to get imported shoes from brands like Jimmy Choo, Gucci, Loui Vuitton and Loberton Paris. Single-brand retailers of furniture of foreign orig...

Budget 2020 FAQs: Checkout allocation of funds in different sectors

Budget 2020 FAQs: Checkout allocation of funds in different sectors

Finance Minister Nirmala Sitharaman will present the annual budget 2020 to the Parliament on February 1, 2020 at 11:00 A.M. Catch all the live updates on the Budget 2020 on Business Insider...