You Searched For "Income Tax Slab 2019 20" and got 20 results
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3 mins read
Budget expectations 2022: Here’s why income tax slabs may not change this year
Despite the COVID-19 pandemic forcing people to travel less and work from home more, resulting i…
6 mins read
Current Income Tax Slab For 2019-20 (Income Tax Brackets In 2019-20)
For earnings up to 5 lakhs in a year, no income tax is applicable. The exemption allowed on …
6 mins read
Income tax changes: More savings on home loans and more tax on the super rich
During the interim budget, the Indian government already extended the non-taxable slab upwards of…
4 mins read
Budget 2023-24: What the common man wants on the personal tax front
The government may increase the threshold limit for the highest tax rate from ₹10 lakh to ₹20 lakh,…
4 mins read
FM plays Santa: Zero tax on income upto ₹7 lakh under the new regime
Tax saved by individuals in higher income brackets will result in the amount getting channelised in…
2 mins read
No tax proposed on annual income up to ₹500,000
The middle-class in India has been hit hard by several indirect taxes, rising prices, and income ha…
5 mins read
Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax
The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…
2 mins read
Here is how the Budget 2019 benefits the Indian middle class
The Narendra Modi goverment has gone all out to woo voters across social segments — not just the …
8 mins read
Universal basic income is working even in red states
All across America, giving people free cash is reducing homelessness, increasing employment, and im…
Michael Venutolo-Mantovani
2 mins read
How to save Income Tax in India Schemes to Invest in 2019
Investing up to a limit of Rs. 1.5 lakh in schemes like Tax-Saver FDs, PPF (Public Provident Fun…
2 mins read
Warren Buffett's energy division has had a negative income tax rate for 5 years straight - as it's received clean-energy credits worth billions
Berkshire Hathaway Energy has received almost $6 billion in income-tax benefits on a net basis in t…
Theron Mohamed
2 mins read
Hungary just canceled income tax for new moms in their 20s. It's the country's latest attempt to fix its long-term labor shortage.
New Hungarian moms in their 20s will pay zero in income tax forever in response to the country's lo…
Jacob Zinkula
4 mins read
India is betting on casinos, online games and horse races to fill its coffers
Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…
1 min read
Centre extends deadline for IT returns filing for 2019-20 to November 30
The last date for filing returns for AY 2019-20 was extended earlier till September 30, the th…
3 mins read
New income tax slabs 2020, income up to ₹5 lakh exempt
New tax slabs have been proposed by the Direct Tax Code panel to boost consumption and investment. …
3 mins read
With the new TDS rule, every time you make a payment, you must ask if the receiver has filed tax returns in last two years
“Suppose you are making payment to a contractor. And, when you’re getting the work executed, you’re…
7 mins read
Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans
India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…
3 mins read
26 billionaires, including Elon Musk and Jeff Bezos, paid just a fraction of the taxes the average American owes
A new analysis finds that Elon Musk had an average tax rate of just 2.1% on his wealth growth from …
Juliana Kaplan,Madison Hoff
4 mins read
New income tax slabs vs old: Which is better for an Income of ₹ 12.5 lakhs per annum
Notably, only those taxpayers who do not have any income through business are allowed to move …
3 mins read
How to calculate taxable Income in 2019-20 in old tax regime
Know the current income tax slabs for different salary ranges: …