Tuesday, March 4, 2025

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personal income tax

News Reports

Income tax payable on same income has come down by over 50% since 2014: A comparison of the taxes across 11 years

Raju Das -
While now there is no tax on income up to ₹12 lakh, in 2014 it was in the highest tax bracket, which started at ₹10 lakh with a tax rate of 30%.
Economy and Finance

Budget 2020: Dual tax regime, a complicated tax structure that may require professional help

Guest Author -
Finance Minister Nirmala Sitharaman today announced a new dual regime of taxation for individuals and HUF (Hindu Undivided Family). This is first time in Income tax where such dual regime would be applicable. 
News Reports

Demonetisation and GST impact? Direct tax collections soar to highest in 7 years

Sanghamitra -
Finance Ministry says the record amounts of revenues collected is an indicator of positive impacts of various financial policies
Opinions

Demonetization: Impact on Direct Tax data

Ajeet Panigrahi -
Data reveals that Demonetization has had a favourable impact on Direct Tax Data

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