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Common Man's Budget

Your tax burden, this year & next

Here's what the tax slabs and the new higher surcharges on the rich and super-rich now look like, post yesterday's announceme...

10 things consumers should know

From fuel, to Italian marble and luxury cars, here is what has become more expensive for consumers.

Are you paying more or less tax than 5 years ago?

Find out which income class household has benefited and suffered the most in terms of tax liability.

Hot tips that will lead to cool savings on tax

An individual taxable at 30% can save Rs 45,000 if he claims Rs 1.5 lakh as deduction under section 80C.

'Bahikhaata' Budget angers middle class on social media

Finance Minister Nirmala Sitharaman announced that the government aims to increase the present $2.7 trillion economy to $5 tr...

Budget 2019: Petrol, diesel price back to square one

After the latest hike, the excise duty levied on normal petrol will be Rs 19.98 up from Rs 17.98.

Here's the good, the bad and the ugly of Sitharaman's budget

Here is a look at the good and the not-so-good sides of Nirmala Sitharaman's maiden budget.

Budget 2019: What's cheaper and what's dearer

Here's a list of what will be cheaper and what will be dearer as the budget proposals kick-in.

Budget 2019 proposes to make filing ITR easier by providing data from various sources

FM announced that pre-filled ITR forms will be made available to the taxpayers, making the process easier.

ITR filing made must if you spend Rs 2 lakh + on foreign travel, deposit Rs 1 crore in a/c

Currently, a person other than a company or a firm is required to furnish the return of income only if his total income excee...

Piped water to rural households by 2024: Finance Minister Nirmala Sitharaman

Piped water to rural households by 2024: Finance Minister Nirmala Sitharaman

The government has allocated Rs 10,000 core for the National Rural Drinking Water Mission in the 2019-20 Budget as against Rs...

Here's how Nirmala Sitharaman's Budget impacts your pocket

Here's how Nirmala Sitharaman's Budget impacts your pocket

If you are a taxpayer, here's what NDA 2.0's first budget means for you.

Govt proposes to increase import duty on gold to 12.5 per cent

Govt proposes to increase import duty on gold to 12.5 per cent

India is one of the largest gold importers in the world, and the imports mainly take care of demand from the jewellery sector...

Petrol, diesel get dearer by Rs 2 a litre

Petrol, diesel get dearer by Rs 2 a litre

In Mumbai, petrol and diesel were priced at Rs 67.40 a litre and Rs 76.15 a litre.

Tax rebate for those with income less than Rs 5 lakh proposed

Tax rebate for those with income less than Rs 5 lakh proposed

The FM appreciated the honest taxpayers of India and said that the direct tax revenue has increase by over 78 per cent in las...

A Rs 1.5 lakh tax cheer for house owners

A Rs 1.5 lakh tax cheer for house owners

Deduction that can be claimed for interest paid on loans for affordable housing was increased by Rs 1.5 lakh.

You can now quote Aadhaar for filing ITR

You can now quote Aadhaar for filing ITR

The finance minister announced the interchangeability of Aadhaar and PAN.

Budget 2019: Safe drinking water for every citizen by 2024

Budget 2019: Safe drinking water for every citizen by 2024

Presenting the first Budget of the Modi government in its second term, Sitharaman said the government also proposes to expand...

Skill India to be expanded to include AI, IoT

Skill India to be expanded to include AI, IoT

In her speech, the FM said focus under Skill India mission will be to train youth in different languages to prepare them for ...

Here's what Sitharaman's Budget has for you

Here's what Sitharaman's Budget has for you

Modi government's first Budget comes at a time when the economy is showing signs of ​slowdown.

Government to continue with its thrust for affordable housing

Government to continue with its thrust for affordable housing

The FM said that several reforms would be undertaken to promote rental housing, current rental laws are archaic as they do n...

Why salaried Indians need a big hike in standard deduction

Why salaried Indians need a big hike in standard deduction

Although the standard deduction was further increased to Rs 50,000 in the 2019 interim budget, this still seems inadequate if...

Everyone wants a tax cut this Budget: Here’s what’s feasible

Everyone wants a tax cut this Budget: Here’s what’s feasible

Finance Minister Nirmala Sitharaman has a daunting task to keep everyone happy.

Budget 2019 may bring pro-poor tax sops: Sonu Iyer, EY India

Budget 2019 may bring pro-poor tax sops: Sonu Iyer, EY India

To boost investment, it is expected that the deduction limit may be increased from Rs 1.5 lakh to Rs 2 lakh.

Cap personal income tax rate at 25 pc to boost demand: PHDCCI

Cap personal income tax rate at 25 pc to boost demand: PHDCCI

The maximum personal income tax rate presently stands at 30 per cent.

Budget may hike Ujjwala bar towards 100% household LPG coverage

Budget may hike Ujjwala bar towards 100% household LPG coverage

In addition, another 10-20 million new LPG connections would be given in the subsequent months to cover all poor households, ...

Sitharaman should give tax benefits to common man: Experts

Sitharaman should give tax benefits to common man: Experts

Sitharaman, the first full-time woman finance minister, is set to present her maiden Budget on July 5.

Assocham for raising tax exemption limit to Rs 5 lakh in Budget

Assocham for raising tax exemption limit to Rs 5 lakh in Budget

The government is scheduled to present its first full Budget on July 5, for the current financial year.

Government at work to give women a bigger role

Government at work to give women a bigger role

Under consideration are tax incentives for companies that employ women above a threshold.

How Modi govt's 2nd term may impact your money and what full budget 2019 may bring

How Modi govt's 2nd term may impact your money and what full budget 2019 may bring

Here are 8 ways in which Narendra Modi's second term in power can impact your finances.

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