Tag: INCOME TAX
Budget 2020: How much will you lose if you opt out...
In a relief to taxpayers, Finance Minister Nirmala Sitharaman has proposed to cut income tax rates and change slabs to lower tax incidence for those earning upto Rs 15 lakh a year. The Minister has proposed a 10 percent tax on income between Rs 5 lakh and Rs 7.5 lakh from the current 20 percent now.
I-T notice for Rs 3.5 cr fine leaves BPO staff shocked’
Bhopal: A man from Bhind district in Madhya Pradesh, who currently works in a BPO firm in Punjab, has said that he got the shock of his life when he received an Income Tax Department notice, asking him to pay Rs 3.49 crore penalty for the alleged transactions of Rs 132 crore done in 2011-12.
Congress moves the EC complaining IT raids on employees
Right ahead of elections due in two Indian states of Maharashtra and Haryana, the classic political rivalry between BJP and Congress has started to...
