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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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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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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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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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2 mins read

India has a better income tax structure than China. Here are the details

When it comes to individual tax, direct taxes are levied exclusively by the Centre. Currently, the …

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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. …