Budget 2020

While Nirmala Sitharaman claims to have introduced a simplified tax regime, things have turned complex with two tax regimes - old and new. The reduction in tax rates, would be applicable only if you forego exemptions and deductions. If…

TNI Bureau: On the second day of the Budget session of the Parliament, Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 on Saturday. Here are the Key Highlights: Agriculture Rs 2.83 lakh crore for Farm…

TNI Bureau: Finance Minister Nirmala Sitharaman on Saturday announced a new regime of personal income tax. As per the new personal income tax regime individual taxpayers to pay tax at a reduced rate of 10% for income between Rs 5-7.5…