Interim Finance Bill 2019: A crisp analysis of Income Tax Provisions
Taxable Income up to Rs. 5 lacs made tax free. Standard deduction limit raised to Rs. 50,000. Annual value of the second self occupied house to be taken as Nil. TDS limit on rent increased from Rs. 180,000 to Rs.... Read More →
Finance Bill 2018: A crisp analysis of Income Tax Provisions
Concessional corporate tax of 25% extended to companies whose annual turnover is up to Rs. 250 crore. Dividend Distribution Tax to be applicable on Deemed Dividend. Standard deduction of Rs. 40,000 introduced against salary income. Definition of “business connection” widened.... Read More →