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income tax

Do not be selfish, prepare for more taxes to fund NYAY scheme: Rahul Gandhi’s aide Sam Pitroda’s advise to Indian middle class

Putting the onus of guilt on the middle class for worrying about taxes, Pitroda said, "How can you see poor people around you and worry that somebody might take a 10 paisa from you. That is not India."

As Congress strategists rush to explain Rahul’s free money yojana, middle class realizes dark days ahead

Should Congress come to power and minimum income scheme is implemented, middle class will be the greatest sufferers

Small businesses with turnover up to ₹1.5 crore can become income tax free due to full rebate

The rebate in Income Tax under section 87A will benefit an estimated 3 crore middle-class taxpayers

Congress regime vs the Modi era: Here is how your Tax liability has changed

Being the driver of consumption and wealth generation in an economy, the Middle Class expected their tax burden to reduce. It is in this background, the Budget of 2019-20 is important.

Budget 2019: Direct Tax collection exceeds expectations by Rs 50,000 crore

Fiscal year 2019 sees an increased Direct Tax collection, exceeding by Rs 50000 crores that was originally budgeted at Rs 11.50 lakh crores

Budget 2019: Piyush Goyal, PM Modi hail the contributions of the middle class in country’s economy, bring tax relief

Piyush Goyal showers praise for the middle class, as he announces major benefits and tax relief.

Budget 2019: Here is how people earning upto Rs. 75,000 per month can pay zero income tax

Taking into account various deductions along with enhanced income tax rebate, incomes upto ₹9,50,000 per year may not need to pay tax

Budget 2019: individual taxpayers with annual income up to ₹5 lakh to get full income tax rebate

Budget 2019: Piyush Goyal announced significant reliefs to individual income taxpayers in the last budget of the current Modi government.

OpIndia Evening Dispatch: Monday, 21st January 2019

The OpIndia Evening Dispatch will catch you up on the day's event even if you have been busy thus far.

Tax notice of Rs 100 crores slapped on Sonia and Rahul Gandhi over AJL income, Rahul had declared income of only Rs. 68.1 lakh

The amount of tax liability over both Sonia and Rahul Gandhi was pegged at Rs 155.4 crore and Rs 155 crore for the same year.

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