In February this year, not even 3 weeks ago, the Finance Ministry announced some radical measures around the rates that various Small Savings Schemes currently ...
Budget 2015-16 was the first real budget by the government. Which missed many estimates and added many more things. But here are the elements to note in the ...
This is an update to our (very popular) post on Clearing the Confusion on how EPF is Taxed in Budget 2016. The Finance Ministry has released a note confirming ...
The Budget 2016 continues its stance against Black Money, and is replete with new schemes, or updated older schemes to bring into the system, funds that have ...
There’s a lot of confusion about the whole EPF taxation thing. Let us explain. Employees put money every month into their EPF (12% of salary) and the ...
The budget wasn’t as big a deal as we might have expected but there are a few things we have to note: You have a lot more taxes. Nothing happened to tax ...
The existing provisions of section 80EE provide a deduction of up to 1 lakh rupees in respect of interest paid on loan by an individual for acquisition of a ...
Looking for new sources of Income, Mr. Arun Jaitley introduced the Infrastructure Cess on Motor Vehicles. If you read between the lines, you will notice that ...
As the Budget day 2016 dawned upon us, expectations were lofty; would the government ease taxation? What about small savings schemes? Oh, the subsidies, ...
Prior to today’s session of Budget 2016, dividends received from listed companies was not taxed in the hands of the shareholders (Individuals/ HUF/ Resident ...