finance minister

Nirmala Sitharaman on Economic Package (13-May-2020)

Finance Minister Nirmala Sitharaman said that starting today, she will hold daily pressers along with her teams to detail a number of responses the government has prepared to bring the economy back on track.  Deadline for filing ITR pushed till 30 Nov Due date of all IT Return filings extended have been extended from 31 …

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Six income tax slabs in, 70 exemptions out: Impact on taxpayers

The Budget 2020 has made the tax structure more complicated by adding three tax slabs. The removal of tax exemptions and deductions certainly makes compliance less tedious, but avid tax planners who maximised their tax deductions will probably pay more tax under the new tax regime. The budget has tried to put more money in …

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