Search For "personal income tax"
Gradually all exemptions should go, income tax rate should be low: Sithara
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman on Saturday said that government has come up with a new scheme of personal income tax while retaining the old structure as its intention is to reduce the rates and simplify the structure.
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Budget provides big income tax relief for individuals
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): In a major relief for individual taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a new regime of personal income tax.
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Sitharaman holds pre-Budget consultations with prominent industrialists
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 19 (ANI): Finance Minister Nirmala Sitharaman on Thursday held her sixth pre-Budget consultations with leading industrialists who called for a reduction in personal income tax rates to revive consumption amid the continuing economic slowdown.
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Direct Tax collections show 19.5 pct growth up to Feb
Updated : 8 years ago IST
New Delhi [India], Mar 8 (ANI): The provisional figures of direct tax collections up to February 2018 show that net collections are at Rs. 7.44 lakh crore, which is 19.5 percent higher than the net collections for the corresponding period of last year, as per a statement from the Ministry of
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Corporate tax may be cut if personal income tax grows: Adhia
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 5 (ANI): Finance Secretary Hasmukh Adhia on Monday said that the Government will bring down its corporate income tax rate, once they witness a surge in the personal income tax collections.
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Direct Tax collections up to Aug shows 17.5pct hike
Updated : 8 years, 6 months ago IST
New Delhi [India], September 11 (ANI): The Direct Tax collections, up to this year August, continued to register steady growth, said Finance Ministry in a statement on Monday.
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Post Budget reaction from technology, education, retail, BFSI and others
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 27 (ANI-NewsVoir): Union Budget 2017-18 is a big relief for the common masses from reduction in personal income tax to sops for affordable housing - the Finance Minister has announced various measures to benefit farmers and weaker sections of the society.
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Not 10 but 5 percent tax for individuals earning between Rs. 2.5 lakh to R
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb.1 (ANI): Giving details of proposals on personal income tax, Finance Minister Arun Jaitley said on Tuesday while presenting his fourth budget, that the existing rate of taxation for individual assesses between income of Rs. 2.5 lakh to Rs. 5 lakh will be reduced to fiv
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CII calls for identifying more employment-generating sectors
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): Recapitalisation of banks will ensure more credit, said Chadrajit Banerjee, DG, CII, on Wednesday. After the announcement of the Economic Survey 2016-17 on Tuesday, Banerjee emphasised on the importance of changing personal income tax slabs in the country, as
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