Tax relief for property sales: Choose between 12.5% flat rate or 20% indexed, proposes central government

Tax aid for property gross sales: Select between 12.5% flat price or 20% listed, proposes central authorities

[ad_1] Main aid has been proposed by the central authorities within the taxation of immovable property transactions. Beneath this proposal, taxpayers have the pliability to calculate their taxes utilizing two strategies: the brand new scheme, which imposes a 12.5% tax price with out indexation, and the outdated scheme, which ... Read more
Budget finely balances growth & fiscal consolidation, says finance minister Nirmala Sitharaman | India News

Funds finely balances progress & fiscal consolidation, says finance minister Nirmala Sitharaman | India Information

[ad_1] NEW DELHI: The Budget strikes a positive stability addressing points like progress, employment, capital funding and fiscal consolidation, whereas pledging assist to cooperative federalism, Union finance minister Nirmala Sitharaman stated in Rajya Sabha on Wednesday.Whereas replying to the dialogue on the Funds, she additionally strongly defended the Agnipath ... Read more
'Pressured RBI to ... ': Sitharaman's 'Harvard & Oxford' dig at Chidambaram | India News

‘Pressured RBI to … ‘: Sitharaman’s ‘Harvard & Oxford’ dig at Chidambaram | India Information

[ad_1] NEW DELHI: Finance minister Niramala Sitharaman, replying to the opposition on the Union Budget on Tuesday, took a veiled dig at senior Congress chief P Chidambaram, saying the "Harvard and Oxford educated" leaders did not include the inflation as they adopted "reckless insurance policies".Sitharaman stated the nation witnessed ... Read more