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Tag: Tax Rate

Additional Rs 1.5L Deduction of Interest for Affordable Housing: Sitharaman

New Delhi: The effective tax rates for the higher income group individuals having taxable income from Rs 2 crore to Rs 5 crore and Rs 5 crore and above is proposed to be increased by around 3 percent and 7 percent respectively. Presenting the General Budget 2019-20 in the Parliament today, Union Minister of Finance […]

GST
'GST on 50 commonly used items slashed to 18%'

Guwahait: The GST rate on 50 regularly used items, that were earlier in the 28 per cent tax slab, has been slashed to 18 per cent, Bihar Deputy Chief Minister Sushil Kumar Modi, who heads the Group of Ministers panel for tackling IT-related glitches, informed on Friday. “All items of common consumption have been reduced […]

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