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No tax on income up to Rs 7 lakh, surcharge cut to 25%

Finance minister Nirmala Sitharaman on Wednesday announced no tax for those with annual income of up to Rs 7 lakh under the new tax regime but made no changes for those who continue in the old......

Budget: Why senior citizens may pay more tax

'There are no new benefits for senior citizens, but on the other hand senior citizens having sizeable dividend income may have to suffer tax at applicable slab rates,' says Mahesh Padmanabhan.......

New tax regime: 'Not a single person will be loser'

The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent for every Rs 2.5 lakh addition. A 30 per cent tax is charged for income over Rs 15 lakh. Illustration: Dominic......

'$1.37bn pumped into real estate in smaller cities in 2015-18'

'In the absence of direct bank or NBFC funding, builders are unable to complete the stuck projects leading to a pile of approximately 5.75 lakh units stuck/delayed in top cities.' Photograph:......

6 easy ways to reduce your income tax

Archit Gupta explains how can you maximise your savings and reduce your taxable income. You have been working very hard to fulfill your financial requirements but, honestly, it does pinch when the......

Rediff News

Hra Housing Loan Interest

News for Hra Housing Loan Interest

No tax on income up to Rs 7 lakh, surcharge cut to 25%

Budget: Why senior citizens may pay more tax

New tax regime: 'Not a single person will be loser'

'$1.37bn pumped into real estate in smaller cities in 2015-18'

6 easy ways to reduce your income tax

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