Tuesday 19 October 2021
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Tag: gains tax

Sitharaman announces 28 economy boosters including relief to small taxpayers

This was the fourth press conference of Union Finance Minister Nirmala Sitharaman post-Budget; here, the thrusts were on boosters and reliefs

Rich to continue to be penalised under Modi govt aiming to turn India rich

Following the increase in surcharge, the effective income tax rate for individuals with a taxable income of Rs 2-5 crore has gone up to 39% from 35.88% and for those above Rs 5 crore to 42.7%
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