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1 min read

No change in tax slabs in Budget 2016!

One of the major lookouts of the Budget 2016 will be the tax slabs and the Economic Survey 2016 sug…

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1 min read

Budget 2016: No home or HRA? It’s time to take some tax relief on rent

Also, people earning up to Rs 5 lakh a year will now get a tax relief of Rs 5,000, as compared to R…

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3 mins read

Budget 2016 may or may not meet expectations of the common man

However, the budget is not just about making some goods and services expensive and cheaper, but is …

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1 min read

Health ministry wants you to stub that ‘sinful’ cigarette out! Expect hike in sin tax by 40% in Budget 2016

A report by the health ministry and WHO, 'Tobacco Taxes in India: An Empirical Analysis', states th…

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Employers can expect something great in Budget 2016. Find out what

ET reported that a panel of secretaries suggested fiscal and monetary incentives, including 30% inc…

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5 mins read

Here’s how income tax slabs work in India

In India, taxes vary according to income. And different tax slabs correspond to how much one is li…

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1 min read

Budget 2016: Here’s why startups should not worry about expenses on brand building

If everything goes as planned, startups and e-commerce companies will be allowed to have initial br…

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2 mins read

Great news for the common man, no change in tax slabs but cess and excise duty hiked on several products

Jaitley said the role of tax payers was important in nation building and each rupee contributed to …

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Budget 2016 lacks on simplicity quotient but strengthens the financial system

Lowering of Corporate IT rate for companies (for new manufacturing companies and SMBs) not exceedin…

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2 mins read

All you need to know about income tax deductions in India

The amount that is deducted will depend on the type of tax deduction you claim. Some of the …

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2 mins read

These were the home loan tax benefits that were announced during Budget 2016

The additional deduction with respect to interest on loan taken will be applicable only for residen…

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Budget 2016-17: Tax exemptions may be phased out to boost manufacturing

Ahead of the Budget 2016-17, which will be announced on February 29, the ministry said it was impor…