This Week in Explainers: Does income tax relief mean more salary in hand?
1 month, 4 weeks ago

This Week in Explainers: Does income tax relief mean more salary in hand?

Firstpost  

No tax for those earning Rs 12 lakh annually. We talk about taxes, tariffs and the Kumbh Mela tragedy in our weekly roundup from India The Budget announcement of zero tax for those with income of up to Rs 12 lakh has come as a relief for many middle-income individuals. Mauni Amavasya, the biggest bathing day in the Maha Kumbh mela, saw a tragedy as at least 30 people died and several others were injured in a stampede in Uttar Pradesh’s Prayagraj. As per the survey, India’s real GDP is projected to grow at 6.4 per cent in the 2025 Financial Year. India’s real GDP is projected to grow at 6.4 per cent in the 2025 Financial Year.

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Will income tax relief announced in Budget be gamechanger in Delhi polls?
1 month, 4 weeks ago

Will income tax relief announced in Budget be gamechanger in Delhi polls?

Deccan Chronicle  

New Delhi: While the Election Commission has barred the BJP-led Central government from making Delhi-specific announcements in the Union Budget, the income tax relief for the middle class is seen by many as a possible game-changer in the February 5 Assembly polls. Presenting the Union Budget 2025-26, Finance Minister Nirmala Sitharaman said that no income tax would be payable up …

Khammam: NDA's Budget hurrah before 2019 polls
6 years, 1 month ago

Khammam: NDA's Budget hurrah before 2019 polls

Deccan Chronicle  

Khammam: The Central Budget of 2019 has made all the salaried class working in private and government organisations and the farming community happy to a great extent. NDA government has fulfilled it.” The employees of SCCL, KTPS, BPL, Bharat Heavy Water Plant, Bhadradri Thermal Power Station and teachers discussed the tax relief immediately after the announcement of the government in …

Budget 2018 FAQ: How Can Govt Respond to Demands for Tax Relief?
7 years, 1 month ago

Budget 2018 FAQ: How Can Govt Respond to Demands for Tax Relief?

The Quint  

Considering its direct and immediate impact on the people, the tax rate structure naturally occupies centre stage as far as expectations from the Union Budget are concerned. And this year seems to be no different, as one of the main demands raised by the people in the run-up to the NDA government’s last full Union Budget – which would be …

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