Budget 2019-Is Rs.5 Lakh Income Actually Tax Free?

One of the most talked about announcement made by FM Piyush Goyal in his Interim Budget speech on 1 Feb 2019 was, annual income upto Rs 5,00,000 will be given full rebate under Income Tax Act. Soon after the news came out there were several interpretations drawn… There was confusion that the basic exemption limit… Continue reading Budget 2019-Is Rs.5 Lakh Income Actually Tax Free?

Budget 2019: No Tax for Salaried Employee upto Rs 7,00,000

Smashing all the buzz around the country Budget 2019 has finally been a populistic interim budget. A number of the pathbreaking announcement has been made via the vote on account presented on 1 Feb 2019 by FM Piyush Goyal. One of the most talked about amendment being Complete Tax Rebate to those having an annual… Continue reading Budget 2019: No Tax for Salaried Employee upto Rs 7,00,000

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Budget 2019 Predictions

With the days of Budget 2019 announcement coming closer the expectations are being talked about loud!! In our second series of blog, let’s talk about the slab rates. We previously focused on drawing pictures of predicted slab limits but in today’s blog, we will focus upon the decrease in slab tax rates as foreseen form… Continue reading Budget 2019 Predictions

How Budget 2018 impacted Individuals – Post Budget Analysis by Tax2win

The most awaited last full-fledged Union Budget of Modi Government has been announced on 1 Feb 2018, by the Finance Minister Arun Jaitley. It was the first post GST budget so it was unique in its own ways. Now after the Budget speech of FM, everybody from every sector is keen to know the impact… Continue reading How Budget 2018 impacted Individuals – Post Budget Analysis by Tax2win

Budget 2018 – 7 Impacts on Salaried Individuals

The tax proposals for the Financial Year 2018-19 were presented by the Finance Minister in the much awaited Union Budget 2018. The focus was on reforms for specific sectors like agriculture, health and education. The tax-related changes under the Budget2018 specifically for the individuals were very confined. The reason stated by the Finance Minister for leaving Individuals high and… Continue reading Budget 2018 – 7 Impacts on Salaried Individuals

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