ET Wealth online spoke with Kuldip Kumar, partner and leader, personal tax, PwC India on what Budget 2017 may bring for the salaried tax payer.
Website link: http://economictimes.indiatimes.com/news/et-tv/what-budget-2017-may-bring-for-the-salaried-taxpayer/videoshow/56666336.cms
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ET Wealth online spoke with Kuldip Kumar, partner and leader, personal tax, PwC India on what Budget 2017 may bring for the salaried tax payer.
Website link: http://economictimes.indiatimes.com/news/et-tv/what-budget-2017-may-bring-for-the-salaried-taxpayer/videoshow/56666336.cms
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The salaried class had a lot of hopes from the first full budget of the Modi government. This was a crucial budget for the taxpayer, especially for the salaried class since the last major changes in personal taxes were made back in 2014. Shalini Jain, tax partner, EY India tells us about the implications of Budget 2019 for the taxpayer.
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Watch Budget 2019: What does it mean for the individual taxpayer? With HD Quality
News video | 335 views
Union Budget 2016-17 is knocking at the door, few days to go for Union Finance Minister Arun Jaitley to table the budget. Like every year this year too long-standing expectation of the salaried class is some relief in the income tax slab.
News video | 339 views
According to the changes announced by Union finance minister Arun Jaitley in the Union Budget, the retirement savings will face taxes from next financial year. The FM has made Employee Provident fund (EPF) and National Pension Scheme (NPS) withdrawals on retirement taxable.
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More than Rs. 12,000 crore has been given as tax concessions to the salaried professionals and senior citizen in the Budget 2018-19. You cannot name one Budget under Congress that has given such concession to the middle class.
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Going by the Budget 2019 proposals, a salaried individual with gross total income up to Rs 7.75 lakh can invest in various tax saving avenues and avail of different deductions to reduce taxable income to Rs 5 lakh and consequently pay no tax for FY2019-20. Such a person would be saving tax of Rs 15080 compared to tax payable in current FY 2018-19, according to EY analysis. Watch this video to know more. (Text: ET Online)
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Going by the Budget 2019 proposals, a salaried individual with gross total income up to Rs 7.75 lakh can invest in various tax saving avenues and avail of different deductions to reduce taxable income to Rs 5 lakh and consequently pay no tax for FY2019-20. Such a person would be saving tax of Rs 15080 compared to tax payable in current FY 2018-19, according to EY analysis. Watch this video to know more. (Text: ET Online)
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Thanks to the strong mandate given to the BJP government, it has upped expectations of the middle-class from the upcoming budget, says Kuldip Kumar, Partner and Leader, PwC India. So, what can the middle-class expect from Nirmala Sitharaman's Budget 2019? Kumar spoke to ET Wealth Online about what are the various measures that could be announced that can have an impact on your money.
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Watch MS Dhoni highest income taxpayer in Jharkhand With HD Quality
MS Dhoni highest income taxpayer in Jharkhand
Former India skipper Mahendra Singh Dhoni is the highest taxpaying individual in Jharkhand for the financial year of 2017-18. Dhoni paid Rs 12.17 crore income tax last fiscal which is the highest income tax paid by an individual in the Bihar and Jharkhand region.
Dhoni paid Rs 1.24 crore more than 2016-17 when he had paid Rs 10.93 crore as income tax, media reports quoted senior income tax officials as saying. However, he was not the highest taxpayer in that fisca
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Beauty Tips video | 669 views
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What is Wheat Beer? | व्हीट बीयर क्या है?
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भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?
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