Nirmala Sitharaman quotes Mahabharata to say King must ensure people's welfare, govern by Dharma
2 years, 11 months ago

Nirmala Sitharaman quotes Mahabharata to say King must ensure people's welfare, govern by Dharma

India Today  

Union Finance Minister Nirmala Sitharaman quoted shlokas from the Sanskrit epic Mahabharata while announcing tax benefits in the Union Budget 2022 on Tuesday. She began the “Direct Tax” part of her budget speech with quotes from Shantiparva chapter of the Mahabharata saying, “The king must make way for yogakshema, that is, welfare of the people.” In what was her shortest budget speech spanning over 90 minutes, Nirmala Sitharaman said, “The king must make arrangements for the welfare of populists by abandoning laxities and governing by Dharma.” She said, “I am proposing a new provision permitting taxpayers to file an updated return on payment of additional tax. This updated return can be filed within two years from the end of the relevant assessment.” She said the new provision would ensure voluntary tax filing and reduce litigation. To bring parity between central government and state government employees, Sitharaman announced deduction for employer contribution to NPS from 14 per cent from 10 per cent state government employees.

Tax Budget Cooperative Societies Cent Sitharaman Nirmala Sitharaman Announced Mahabharata  nirmala  announced  steel  king  union  govern  say  mahabharata  cent  societies  ensure  tax  duty  sitharaman  peoples  budget  rs  welfare  quotes

History of this topic

Nirmala Sitharaman said this to X user seeking relief for middle class
1 month, 3 weeks ago

Nirmala Sitharaman said this to X user seeking relief for middle class

India Today  

India's middle class is upset. Very upset, as some X user tagged Union Finance Minister Nirmala Sitharaman and requested her to consider providing some relief to the middle class in a social media post. I humbly request you to consider providing some relief for the middle class. In response, Sitharaman, while appreciating the X user's concerns, described the current government …

Nirmala Sitharaman doesn't wish to tax Indians, but explains why it's not possible
4 months, 3 weeks ago

Nirmala Sitharaman doesn't wish to tax Indians, but explains why it's not possible

India Today  

Finance Minister Nirmala Sitharaman addressed the need for taxes and the challenges of reducing tax rates during a convocation ceremony at the Indian Institute of Science Education and Research in Bhopal on Tuesday. Sitharaman explained that the current taxation system is crucial due to the need to meet various financial demands, including funding for research and development. She said that …

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News
5 months, 2 weeks ago

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday. The biggest relief for millions of new tax regime taxpayers comes in the form of an increase in the standard deduction. During her budget speech, Finance Minister Nirmala Sitharaman emphasized her primary goals of job creation, skill development, support for small industries, and relief for the middle class. Changes in …

Union Budget 2024 reforms of the new tax regime may reduce tax burden and allow option to choose again
5 months, 2 weeks ago

Union Budget 2024 reforms of the new tax regime may reduce tax burden and allow option to choose again

Hindustan Times  

Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in the parliament on July 23, proposing new changes in the income tax slabs of the new tax regime. Nirmala Sitharaman pictured at the Lok Sabha on July 23, with the Union Budget What are the latest income tax slabs in the new tax regime? Up to ₹3 lakh: NIL ₹3-7 …

‘Against the people of Karnataka’: DK Shivakumar slams Nirmala Sitharaman's Union Budget 2024
5 months, 2 weeks ago

‘Against the people of Karnataka’: DK Shivakumar slams Nirmala Sitharaman's Union Budget 2024

Hindustan Times  

The Congress government in Karnataka has expressed dissatisfaction with finance minister Nirmala Sitharaman’s budget presentation and said that the southern state has been ignored totally. ‘Against the people of Karnataka’: DK Shivakumar slams Nirmala Sitharaman's Union Budget 2024 Speaking to reporters on Tuesday, DK Shivakumar said, “We have high respect for the finance minister and expected funds to finish the …

'EMPLOYMENT': Nirmala Sitharaman's acronym for Budget 2024 theme
5 months, 2 weeks ago

'EMPLOYMENT': Nirmala Sitharaman's acronym for Budget 2024 theme

India Today  

With job creation and youth skilling initiatives being the top focus of the government, Finance Minister Nirmala Sitharaman coined a new acronym - 'EMPLOYMENT' - as the theme of the Union Budget 2024-25. Read Full Budget 2024 Coverage While the government has tweaked tax slabs under the new income tax regime to boost consumption among the salaried class, it has …

Old vs proposed income tax slabs under new regime. What has changed?
5 months, 2 weeks ago

Old vs proposed income tax slabs under new regime. What has changed?

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday proposed a new tax structure under the new regime. Budget 2024: Mobile phones, chargers to get cheaper; Nirmala Sitharaman proposes cut in customs duty The new tax slabs under the new income tax regime will be effective from April 1, 2024.. Proposed Tax Structure: Income up to ₹ 3,00,000: Nil 3,00,000: Nil ₹ …

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged
5 months, 2 weeks ago

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

The Hindu  

Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. Whilst the rate of taxation remains unchanged, the size of each of the slabs, excluding the initial zero to ₹3 lakh, remains unchanged. Budget 2024-25: Taxes Earlier, the Finance Minister further placed increasing the standard deduction for salaried employees from …

What Budget means for taxpayers: 10 points
5 months, 2 weeks ago

What Budget means for taxpayers: 10 points

Hindustan Times  

Finance Minister Nirmala Sitharaman on Tuesday announced a major relief for the subscribers of the new income tax regime. Nirmala Sitharaman announced the government has increased the income tax standard deduction for those who opted for the new regime. "For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹ 50,000 to …

Income Tax Budget Highlights: Govt proposes tax cuts, more standard deduction
5 months, 2 weeks ago

Income Tax Budget Highlights: Govt proposes tax cuts, more standard deduction

Hindustan Times  

New Tax Regime LIVE updates: Union Finance Minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha, in New Delhi, Tuesday, July 23, 2024. New Tax Regime Highlights: Union finance minister Nirmala Sitharaman presented her seventh consecutive Budget amid expectations from the middle class for relief at the tax front. Moreover, the efficiency of tax collection has improved over …

Budget 2024: Date, key timings and what to expect from budget speech
5 months, 2 weeks ago

Budget 2024: Date, key timings and what to expect from budget speech

India Today  

The Monsoon session began on Monday, with Finance Minister Nirmala Sitharaman set to present the Union Budget for 2024-25 on July 23, 2024. This will mark her seventh consecutive Budget presentation, surpassing the record of former Prime Minister Morarji Desai, who delivered five consecutive full Budgets and one interim Budget from 1959 to 1964. The Budget 2024 presentation can be …

Budget 2024: Will FM Nirmala Sitharaman fulfill your income tax wishes?
5 months, 3 weeks ago

Budget 2024: Will FM Nirmala Sitharaman fulfill your income tax wishes?

India Today  

Finance Minister Nirmala Sitharaman is all set to present the full Budget 2024 on July 23. With various sectors anticipating significant announcements, salaried taxpayers are particularly hopeful for major income tax relief, including changes in the new income tax regime and standard deductions. Despite positive expectations for the budget, significant tax relief for the middle class may not materialise. Sandeep …

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
5 months, 3 weeks ago

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?

Hindustan Times  

The Union Budget 2024 could provide Income Tax relief for low earners looms large amid rising prices in the country. Experts believe that a reduction in Income Tax could address economic challenges in the country as Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2024-25 on July 23. This change would boost consumption, …

Budget 2024: Finance minister Nirmala Sitharaman to increase income tax exemption limit?
6 months, 2 weeks ago

Budget 2024: Finance minister Nirmala Sitharaman to increase income tax exemption limit?

Hindustan Times  

Finance Minister Nirmala Sitharaman may increase income tax exemption limit in the upcoming Budget 2024 which is the first for the third term of the PM Modi Government. News agency Reuters reported that the first full-fledged Budget 2024 of Modi 3.0 may relieve taxpayers as the government is considering reducing income tax rates for specific groups of individuals. The government …

No discrimination in tax sharing with States: FM Nirmala Sitharaman
11 months ago

No discrimination in tax sharing with States: FM Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on Wednesday sought to dismiss allegations that the Centre was not giving money to the States and termed the Karnataka government’s charges about inadequate tax devolutions and discrimination in sharing Central taxes “patently wrong and mischievous”. Noting that even Tamil Nadu had voiced concerns, the Minister assured the House that the government had followed the …

No Change In Tax Slabs, Focus On Middle-Class — Here Are The Highlights Of Budget 2024
11 months, 1 week ago

No Change In Tax Slabs, Focus On Middle-Class — Here Are The Highlights Of Budget 2024

ABP News  

Finance Minister Nirmala Sitharaman on Thursday announced a host of new schemes to be implemented once the new government assumes power. INFRASTRUCTURE Union Finance Minister Nirmala Sitharaman said that the capital expenditure outlay in the past 4 years had tripled and had a huge impact on economic growth and employment creation. "Our Government will launch a scheme to help deserving …

Union Budget 2024 to focus on 5 key social sections
11 months, 4 weeks ago

Union Budget 2024 to focus on 5 key social sections

Hindustan Times  

Budget 2024: Union finance minister Nirmala Sitharaman’s pre-election budget is set to focus on welfare schemes for five key sections of society—women, poor, youth, farmers and tribals—as the Bharatiya Janata Party -led National Democratic Alliance aims a third term in office on the back of Prime Minister Narendra Modi’s promise of inclusive growth. Accordingly, allocations for existing schemes for these …

Sitharaman Interview Highlights: Indian Tax System Shouldn't be Seen as Too Harsh, Says FM
1 year, 11 months ago

Sitharaman Interview Highlights: Indian Tax System Shouldn't be Seen as Too Harsh, Says FM

News 18  

Nirmala Sitharaman Exclusive Interview to News18 LIVE Updates Union finance minister Nirmala Sitharaman on Friday credited people of India for?standing with the decisions of the government?. The finance minister said that she expects 50-55 per cent of taxpayers to shift to the new exemption-free tax regime. New income tax slabs 2023-24: Up to Rs 3 lakh income there is 0% …

New income tax regime overhaul, Rs 2.4 L cr for railways among 5 big announcements by FM Niramala Sitharaman
1 year, 11 months ago

New income tax regime overhaul, Rs 2.4 L cr for railways among 5 big announcements by FM Niramala Sitharaman

India Today  

Union Finance Minister Nirmala Sitharaman presented Union Budget 2023 in Parliament on Wednesday and her proposals come at a time when India’s economy is facing challenges from a plethora of global factors, including inflation and a possible GDP growth slowdown in FY24 as predicted by the International Monetary Fund in its January update of the World Economic Outlook. The Top …

‘No income, how can they benefit from tax relief’: Who said what on Budget 2023
1 year, 11 months ago

‘No income, how can they benefit from tax relief’: Who said what on Budget 2023

Hindustan Times  

Political reactions started to pour in soon after Union finance minister Nirmala Sitharaman presented the Union budget for the fiscal year 2023-24. While BJP leaders hailed the budget as a ‘middle-class bonanza’ and inclusive, opposition leaders said the government is not addressing the serious economic conditions in the country including the common man's plight. Parliamentarians during presention of the Union …

Union Budget 2023: Read Nirmala Sitharaman's full speech here
1 year, 11 months ago

Union Budget 2023: Read Nirmala Sitharaman's full speech here

Hindustan Times  

Union finance minister Nirmala Sitharaman presented the Union Budget 2023-24 in the Parliament on Wednesday. I propose to provide enhanced limits of ` 3 crore and ` 75 lakh respectively, to the tax payers whose cash receipts are no more than 5 per cent. It is proposed to make amendments relating to exemption provided to charitable trusts and institution to …

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You
1 year, 11 months ago

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You

News 18  

Budget 2023 Highlights: Delivering on the expectations of the aam aadmi, Finance Minister Nirmala Sitharaman today announced Income Tax relief for the salaried class with an eye on the mega 2024 elections as well as several state battles as she delivered the Union Budget 2023 speech. She also announced changes in the tax slabs under the new tax regime, which …

#Incometax trends on Twitter after Nirmala Sitharaman's Budget 2023 speech. Best memes
1 year, 11 months ago

#Incometax trends on Twitter after Nirmala Sitharaman's Budget 2023 speech. Best memes

India Today  

Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in Parliament today. This year’s budget comes at a time when India’s economy faces challenges from a host of global factors; a steep rise in inflation and a possible GDP growth slowdown in the financial year 2024. However, the finance minister announced some relief for taxpayers as she proposed a new …

The role of taxes in the Union Budget
1 year, 11 months ago

The role of taxes in the Union Budget

Hindustan Times  

Among the most watched statistics in the Union Budget are the previous year’s tax collections and projections for the next fiscal year. Assuming that tax buoyancy – it is change in tax per unit change in GDP – remains unchanged, 2022-23 tax collections should be higher than the Budget Estimate numbers. Tax buoyancy assumed in the Budget will be an …

Budget 2023: Why govt should consider tax relief despite limited fiscal room
1 year, 11 months ago

Budget 2023: Why govt should consider tax relief despite limited fiscal room

India Today  

An incremental tax relief in the upcoming Union Budget 2023 could help the central government provide consumption support to the Indian economy in FY24 and shield it from the worsening financial environment in the West. Recently, global economic experts, including International Monetary Fund Deputy Managing Director Gita Gopinath, noted that an inflation-driven price shock could disrupt the lives of people …

Budget 2022: PM Modi to Talk About ‘People-Friendly’ Budget on Wednesday
2 years, 11 months ago

Budget 2022: PM Modi to Talk About ‘People-Friendly’ Budget on Wednesday

News 18  

Union Finance Minister Nirmala Sitharaman on Tuesday presented Budget 2022 and tabled the Finance Bill 2022 to the Parliament. And will do more.” After Sitharaman’s Budget speech, PM Modi called the Union Budget “people-friendly”. The Union Budget 2022-23 would also be available on the Mobile App after the process of Union Budget presentation. Watch Live Union Budget 2022 Here What …

Union Budget 2022: 5G auctions, Digital Rupee, 30 per cent tax on crypto assets, and other key takeaways
2 years, 11 months ago

Union Budget 2022: 5G auctions, Digital Rupee, 30 per cent tax on crypto assets, and other key takeaways

India Today  

Hon'ble Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament on Tuesday. The Union Budget included some major announcements around 5G auctions, internet availability in rural villages, Digital Rupee based on blockchain, and more. We now have a timeline for 5G Yes, the Hon'ble Finance Minister Nirmala Sitharaman, during her Union Budget speech in Parliament on Tuesday, talked about …

Union Budget 2022 highlights | Sharp hike in capital expenditure; no changes in Income Tax
2 years, 11 months ago

Union Budget 2022 highlights | Sharp hike in capital expenditure; no changes in Income Tax

The Hindu  

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022 on February 1. She said that the Budget proposals for this financial year rest on health and well-being, infrastructure, inclusive development, energy transition and climate action, financing of investments and 'Minimum Government, Maximum Governance'. Here are the highlights of the Budget in a glance: Infrastructure PM Gati Shakti National Master …

Budget 2022: No change in income tax slabs announced
2 years, 11 months ago

Budget 2022: No change in income tax slabs announced

India Today  

Finance Minister Nirmala Sitharaman, while presenting the Union Budget, did not announce any new changes in tax slabs for the personal income tax category. It was highly expected that some incremental changes would be introduced to the current income tax regime, but, no significant change was announced. Read: Budget 2022: What Nirmala Sitharaman said on income tax and return filing …

Budget 2022: 8 key tax-related expectations
2 years, 11 months ago

Budget 2022: 8 key tax-related expectations

India Today  

Finance Minister Nirmala Sitharaman is set to present her fourth Union Budget on Tuesday at a time when India’s economic recovery faces fresh challenges. Here are top expectations of taxpayers and corporates: DIRECT TAXES In the Union Budget 2022, 80C deduction available up to Rs 1.5 lakh a year should be revised upwards significantly. INDIRECT TAXES Rationalisation of Customs duty …

Union Budget 2022-23: Why salaried class may not get big income tax relief
2 years, 11 months ago

Union Budget 2022-23: Why salaried class may not get big income tax relief

India Today  

Stagnant income and risk of inflation due to the Covid-19 pandemic severely crippled the salaried class in the country over the past two years. Many people have sought income tax relief from the government in the upcoming Union Budget 2022-23. TAXPAYERS' WISHLIST A survey conducted by world's leading accounting firm KPMG indicated that most respondents expect an enhancement in the …

Budget 2022 wish list: What salaried class, taxpayers want from FM Sitharaman
2 years, 11 months ago

Budget 2022 wish list: What salaried class, taxpayers want from FM Sitharaman

India Today  

From uncertainty in job markets to inflation, the Covid-19 pandemic has hurt the salaried class and taxpayers in the country in more ways than one. The salaried class and taxpayers, comprising mostly middle-class households, expect some measures from Finance Minister Nirmala Sitharaman in the Union Budget 2022-23 on February 1, two surveys revealed. Taxpayers expect the government to increase the …

Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax
3 years, 11 months ago

Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax

Firstpost  

Changes on the indirect tax front are also not significant to qualify as changes large enough to be structural leading to increased demand or increased production of items Budget 2021 was delivered against the backdrop of a global pandemic and all the challenges that it brought along. With the Economic Survey pointing at a deficit in tax collection, largely attributable …

News18 Evening Digest: What Gets Costlier, Cheaper in Budget 2021, Tax-related Announcements and Other Top Stories
3 years, 11 months ago

News18 Evening Digest: What Gets Costlier, Cheaper in Budget 2021, Tax-related Announcements and Other Top Stories

News 18  

Budget 2021: What Gets Costlier, Cheaper; Check Full List Here Finance Minister Nirmala Sitharaman presented the Union Budget 2021-22 in Lok Sabha on Monday. However, Sitharaman’s budget did not bring any relief to the middle class as income tax slabs remain unchanged. Income Tax Slabs Unchanged, But Budget 2021 Has These 6 Tax Related Announcements Contrary to expectations of middle …

Income Tax, Corporate Tax, Merger of More Banks: Key Expectations from a 'Never Before' Budget 2021
3 years, 11 months ago

Income Tax, Corporate Tax, Merger of More Banks: Key Expectations from a 'Never Before' Budget 2021

News 18  

The countdown for the Union Budget 2021 has started with all eyes on Union Finance Minister Nirmala Sitharaman’s third budget, which she will be presenting on February 1, 2021. Section 198 of the Income-tax Act, 1961 provides that the tax deducted at source should be included in the gross total income of the assessee. With the fortune of many multinational …

Telangana got more funds: Nirmala Sitharaman
4 years, 10 months ago

Telangana got more funds: Nirmala Sitharaman

Deccan Chronicle  

Hyderabad: Union finance minister Nirmala Sitharaman on Sunday gave a strong retort to the charges of Chief Minister K. Chandrasekhar Rao and other TRS leaders about the Centre starving Telan-gana state of funds by reducing states’ share in Central taxes and by not releasing the GST amount. The Union finance minister Nirmala Sitharaman who was in Hyderabad as part of …

A summary of the Union Budget speech 2020: What all has the government promised
4 years, 11 months ago

A summary of the Union Budget speech 2020: What all has the government promised

India TV News  

Budget 2020 Summary Presenting her second union budget on the trot, Union Finance Minister Nirmala Sitharaman literally spared no effort in presenting the annual document, making history of sorts by delivering a speech that lasted a whopping 160 minutes. The Union Budget 2020 has been structured on the overall theme of “Ease of Living,” This has been achieved by farmer-friendly …

Union Budget 2020: Govt proposes cut in tax on cooperative societies to 22 percent
4 years, 11 months ago

Union Budget 2020: Govt proposes cut in tax on cooperative societies to 22 percent

India TV News  

Finance Minister Nirmala Sitharaman on Saturday proposed reduction of tax on cooperative societies to 22 per cent plus surcharge and cess, from 30 per cent at present. Presenting the Budget for 2020-21, Sitharaman also announced extending by one year the date of approval of affordable housing projects for availing tax holiday on profit earned by developers. She also announced extension …

Budget 2020: Nirmala Sitharaman allocates Rs 85,000 cr for SC-OBC welfare, Rs 53,700 cr for STs
4 years, 11 months ago

Budget 2020: Nirmala Sitharaman allocates Rs 85,000 cr for SC-OBC welfare, Rs 53,700 cr for STs

India Today  

The Union Budget 2020 has allocated a total of Rs 1,38,700 crore for the welfare of the Scheduled Castes, the Other backward Castes and the Scheduled Tribes. Elaborating on the allocations, Union Finance Minister Nirmala Sitharaman in her Budget speech said the government has decided to allocate Rs 85,000 crore for the welfare of the Scheduled Castes and the Other …

Budget 2020: After corporate tax reduction, it is time Nirmala Sitharaman gives some relief to individual taxpayers
4 years, 11 months ago

Budget 2020: After corporate tax reduction, it is time Nirmala Sitharaman gives some relief to individual taxpayers

Firstpost  

The reduction in individual tax will leave the taxpayers with more room to spend and consequently will improve demand, consumption and investment, which is the need of the hour to boost India’s economic growth. In the last few Budgets and in the recent Ordinance 2019, quite a few tax sops have been announced for corporates that have lowered their tax …

Direct tax collection up 5 per cent till November: Sitharaman
5 years, 1 month ago

Direct tax collection up 5 per cent till November: Sitharaman

India TV News  

Rejecting fears of the corporate tax reduction impacting revenue collection, Union Finance Minister Nirmala Sitharaman on Monday told Parliament that the gross direct tax collection had increased by 5 per cent till November.​ Sitharaman was responding to the query of Nationalist Congress Party member Supriya Sule, during discussion in the Lok Sabha on the Taxation Law Amendment Bill, 2019, as …

How FM Nirmala Sitharaman conceived India’s biggest direct tax reforms
5 years, 3 months ago

How FM Nirmala Sitharaman conceived India’s biggest direct tax reforms

Live Mint  

By 10 am on 20 September, while the media contingent from Delhi was waiting at Hotel Kadamba in Goa for the press briefing by finance minister Nirmala Sitharaman ahead of the GST Council meeting, it was panic situation for Sitharaman and revenue secretary Ajay Bhushan Pandey. The approval for the ordinance for arguably India’s biggest direct tax reform was yet …

If Nirmala Sitharaman believes 42.7% tax is “not ideal”, she should reduce it
5 years, 5 months ago

If Nirmala Sitharaman believes 42.7% tax is “not ideal”, she should reduce it

Op India  

So I read very carefully the interview that Finance Minister Nirmala Sitharaman gave to the Hindustan Times. Assuming that HT transcribed her words perfectly, the very fact that the Finance Minister used “ideally” twice while starting two successive sentences, reveals a sort of helplessness. This response likely reveals that the top tax rate of 42.7% has become an embarrassing headline …

Top 10 takeaways from Nirmala Sitharaman’s Budget 2019 speech
5 years, 6 months ago

Top 10 takeaways from Nirmala Sitharaman’s Budget 2019 speech

Live Mint  

Finance Minister Nirmala Sitharaman presented her first Union Budget and also the first of Narendra Modi 2.0 governnment. Here are 10 takeaways from Nirmala Sitharaman's Budget 2019 speech: 1) PAN card, Aadhaar interchangeable for filing income tax returns Finance Minister Nirmala Sitharaman announced the decision to make PAN and Aadhaar cards interchangeable soon. 4) ‘Har Ghar Jal’ Announcing the Jal …

Budget 2019: 10 top takeaways from Nirmala Sitharaman's speech
5 years, 6 months ago

Budget 2019: 10 top takeaways from Nirmala Sitharaman's speech

India Today  

Union Finance Minister Nirmala Sitharaman presented her first Union budget and also the first budget of the Narendra Modi 2.0 government. Corporate Tax Sitharaman brought 99.3 per cent companies under 25 per cent corporate tax slab in her first Budget. Sitharaman announced that corporate tax rate of 25 per cent -- available to companies with annual turnover of up to …

Union Budget 2019: Economists seek tax reforms, measures for jobs, investments in meeting with Nirmala Sitharaman
5 years, 6 months ago

Union Budget 2019: Economists seek tax reforms, measures for jobs, investments in meeting with Nirmala Sitharaman

Firstpost  

New Delhi: Further simplification of GST, implementation of the direct tax code, initiating job-oriented growth measures and maintaining fiscal prudence were some of the key suggestions made by economists for the ensuing Budget to Finance Minister Nirmala Sitharaman on Friday. They touched upon a host of macroeconomic factors like economic growth, jobs, fiscal management, investments and public sector borrowings, according …

Union Budget 2019: Nirmala Sitharaman should give tax benefits to common man, remove MAT, say experts
5 years, 6 months ago

Union Budget 2019: Nirmala Sitharaman should give tax benefits to common man, remove MAT, say experts

Firstpost  

New Delhi: Finance Minister Nirmala Sitharaman should consider increasing the income tax exemption limit to at least Rs 3 lakh and abolish minimum alternate tax for companies to boost consumption and economic growth, suggested tax experts. “The government may raise the basic exemption limit by Rs 50,000 extending the benefit to all or alternatively, 5 per cent slab may be …

Sitharaman should give tax benefits to common man, remove MAT in Budget: Experts
5 years, 7 months ago

Sitharaman should give tax benefits to common man, remove MAT in Budget: Experts

India TV News  

Finance Minister Nirmala Sitharaman should consider increasing the income tax exemption limit to at least Rs 3 lakh and abolish minimum alternate tax for companies to boost consumption and economic growth, suggested tax experts. "The government may raise the basic exemption limit by Rs 50,000 extending the benefit to all or alternatively, 5 per cent slab may be raised from …

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