No tax for individual incomes up to Rs 5 lakh | BUDGET 2019 | Economic Times

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After offering big sops to farmers and the poor, interim Finance Minister Piyush Goyal impressed the middle class by offering a huge tax relief. Goyal announced in his Interim Budget 2019 speech that there would be no tax till Rs 5 lakh income for individuals taxpayers. Farmers and the middle class were seen to be the two communities that the government was expected to please in the Budget. Watch now..

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    No tax for individual incomes up to Rs 5 lakh | BUDGET 2019 | Economic Times

    After offering big sops to farmers and the poor, interim Finance Minister Piyush Goyal impressed the middle class by offering a huge tax relief. Goyal announced in his Interim Budget 2019 speech that there would be no tax till Rs 5 lakh income for individuals taxpayers. Farmers and the middle class were seen to be the two communities that the government was expected to please in the Budget. Watch now.

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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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    How a salaried person with Rs 7.75 lakh income now pays zero tax | BUDGET 2019 | Economic Times

    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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    India's economic growth will rebound from a five-year low this year, but would need a huge boost in spending and reforms to accelerate higher rate of expansion to double the economy's size to USD 5 trillion by 2024-25, the pre-Budget Economic Survey said Thursday. Stepping up private investments, exports and job creation will be key to achieving the target, the survey said. Tune in as ET's consulting editor Swaminathan Aiyar shares his views on the Economic Survey 2018-19. (Text: PTI)

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    Chief Economic Advisor Krishnamurthy Subramanian will table the Economic Survey 2018-19 Thursday. It will also be the first such survey under Modi 2.0 government. Tune in as ET's consulting editor Swaminathan Aiyar explains what the document is all about and why it matters.

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    Proposed Direct Tax Code: How it could cut your income tax | Economic Times

    When the corporate tax rate was reduced to 25 per cent last month, it was termed as an early Diwali for the corporate sector. Now, taxpayers are hoping the government will gift them a similar tax relief. The Akhilesh Ranjan taskforce, set up to suggest an overhaul of the Income Tax Act, has also recommended sweeping changes in the tax slabs. ET's Babar Zaidi explains the impact on your income tax. Watch now. (Text: ET Bureau)

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    Watch Proposed Direct Tax Code: How it could cut your income tax | Economic Times With HD Quality

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  • Watch Tax-saving post Budget 2019 | Economic Times Video
    Tax-saving post Budget 2019 | Economic Times

    The Budget has reduced the tax burden on small taxpayers by giving full tax rebate to those earning up to Rs 5 lakh a year. But even those with higher income can escape the tax net if they claim tax deductions under various sections. Now, before you do this make sure you do not jeopardise your financial goals. Watch this video to know more.

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  • Watch Tax cut on jet fuel, MRO tops aviation industry
    Tax cut on jet fuel, MRO tops aviation industry's 2019 Budget wishlist | Economic Times

    Even after seeing the highest growth a couple of months ago, the aviation industry remains plagued by some long-standing problems which it hopes the government will address in their upcoming budget. ET's Mihir Mishra talks about the problems and priority expectations of the sector.

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