Government may meet fiscal targets despite lower tax revenues

Budget 2019 has set the fiscal deficit target at 3.3% of the…

Claim benefits of the deduction for a home loan and HRA

In a case where you are paying rent for your residential accommodation…

Is a finance bill a money bill?

The recent article by P. Chidambaram titled ‘Across the aisle: Unconstitutional and…

Treatment of Transport Allowance for Financial Year 2018-19

Employers compensate for the travel expenses incurred by the employees for travelling…

Budget 2019 Impact: Super Rich to Pay Higher Taxes

With the announcement of the Union Budget 2019, it evident that the…

Income Tax Benefits Likely to Be Announced in Union Budget 2019-20

The Union Budget is due to be announced on July 05, 2019…

20% Hike in Food Subsidies and How Important it is for Farmers

Food costs play a significant role in the prosperity of poor people…

GST rate cuts are unlikely to happen prior to Budget 2019-20

Over the last two months, the GST collections have exceeded the 1…

Senior citizens with Rs 5 lakh income qualify for TDS exemption

As per the Central Board of Direct Taxes (CBDT) notification, senior citizens…

Budget 2019: Key Things To Know Before February 1

The incumbent government is all set to present the last budget of…