Budget 2020 Highlights

The Finance Minister, Nirmala Sitharaman, presented the Union Budget 2020 in the parliament yesterday. In this post, let’s look at the highlights of the Budget proposal. We will look at the proposals from personal taxation perspective only. #1 Restructuring of Income Tax Slabs, Lowering of Personal Tax Rates and a Choice There is a major… Continue Reading

Home Loan Tax Benefits 2019

For most young professionals, buying a house tops the list of priorities. Even those who do not believe real estate makes for a good investment, do not have second thoughts about purchasing a house to stay in. Not only does it give you the comfort of living in own house, it also provides financial security… Continue Reading

Budget (July) 2019 — Salient Points

The Finance Minister, Nirmala Sitharaman, presented the final budget for the FY2019-2020 on July 5, 2019. The Interim Budget was present in February this year.  The new budget retains the relief offered to the taxpayers and adds a few tax incentives for the taxpayers. At the same time, there will a small section of taxpayers… Continue Reading