****Budget 2019*****

[Android_Halwa]

Income tax ceiling to be raised to 3 lakhs

Seems heavy encouragement to invest and infra

[Android_Halwa]

NRI’s ni attract cheyadaniki quite a few proposals vunatu vunayi Budget lo...

[Android_Halwa]

100% FDI in aviation

Ide oka 6 months mundu vachi vunte we would have saved Jet Airways.

[pottipotato]

yeah 2019 is the breakthrough year when india is gonna hit double digit growth... in dreams.

[Kool_SRG]

8 minutes ago, Android_Halwa said:

Income tax ceiling to be raised to 3 lakhs

Seems heavy encouragement to invest and infra

Adhi inka talk ne announce cheyyaledu ga...

[Kool_SRG]

Income Tax Benefit for Buying Electric Vehicles on Loan...

[Kool_SRG]

Just now, Kool_SRG said:

Income Tax Benefit for Buying Electric Vehicles on Loan...

Additional income tax deduction of Rs 1.5 lakh on interest paid on loans taken to buy electric vehicles. This leads to a benefit of Rs 2.5 lakh crore over the tax period of the loan for the loan payer. 

[Kool_SRG]

PAN & AADHAR can be interchanged for IT return filling...

[Kool_SRG]

Just now, Kool_SRG said:

PAN & AADHAR can be interchanged for IT return filling...

Interchangeability of PAN and Aadhaar - More than 120 crore Indians now have Aadhaar. Sitharaman proposes to make the two documents interchangeable so that Aadhaar can be used for verification with no requirement for PAN. 

[Kool_SRG]

Government has already moved GST Council to lower GST on EVs from 12 percent to 5 percent. To make EVs affordable the government will provide additional income tax reduction of Rs 1.5 lakh on interest paid on loan taken to purchase EV. This is a major boost to EV buyers considering EV demand have been below expectation. This is also the first time that private buyers stand to benefit from deduction in income tax through purchase of EVs.

[Kool_SRG]

FM says to discourage the practice of making business payments in cash the government proposes to levy TDS of 2% on cash withdrawal exceeding Rs 1 crore in a year from a bank account, she says.

[jalsa01]

7 minutes ago, Kool_SRG said:

Government has already moved GST Council to lower GST on EVs from 12 percent to 5 percent. To make EVs affordable the government will provide additional income tax reduction of Rs 1.5 lakh on interest paid on loan taken to purchase EV. This is a major boost to EV buyers considering EV demand have been below expectation. This is also the first time that private buyers stand to benefit from deduction in income tax through purchase of EVs.

Mundu changing points pedite tappa evvaru konaru veetini .. that to with such lo range/charge..

[Kool_SRG]

43 minutes ago, Android_Halwa said:

Income tax ceiling to be raised to 3 lakhs

No changes in Lower Income TAX slabs...

 

Direct Taxes - In view of rising income levels, a surcharge will be levied on individuals with taxable income of Rs 2 to 5 crore, and Rs 5 cr and above. The effective tax rate for these categories will increase by around 3% and 7%, respectively

[pottipotato]

2 minutes ago, jalsa01 said:

Mundu changing points pedite tappa evvaru konaru veetini .. that to with such lo range/charge..

asalu ev lu unnaya India lo? road lo kanapadhe

[Kool_SRG]

Interest deduction up to Rs 3.5 lakh for affordable housing as against Rs 2 lakh earlier now to be available until March 31, 2020.