Our Finance Minister has a tough job keeping government’s tax revenue and borrowing in check, and an empathetic view is what he needs. But ask we must and here’s what the Finance Minister could do with his Budget for this year to make it a taxpayer’s delight. 1. Raise section 80C deduction limit Section 80C […]
Speculation has been rife of the government planning to raise the period of holding of equity shares for calculation of long-term gains. Instead of allowing holding period of more than one year to qualify as long-term gain, three years of holding may be considered. While there is no way to read in to finance ministerArun […]
Ever since the definition of long-term gains for debt mutual funds was changed from one year to three years, speculations around something similar being applied to equity-oriented investments as well have been ripe. If the grapevine is to be believed, this could be a surprise that the Finance Minister could spring at us in this […]
With Arun Jaitley’s third budget looming up ahead, a lot is expected from the Finance Minister in Budget 2016-17. The entire nation is sitting tight in anticipation as all eyes are set on February 29th. Preeti Khurana, Editor-in-Chief at ClearTax, attempts to set our expectations right of what we can and should expect from Budget […]
What to expect from the upcoming Budget? Catch Chief Editor of www.cleartax.in, Preeti Khurana, on the show ‘Tax Guru’ on CNBC Awaaz addressing what to expect from the Budget of 2016. She also answers some listener queries. This show was aired on Wedneday, 20th January 2016 at 5:30pm on CNBC Awaaz.
ClearTax was invited to the CNBC Awaaz 11 years celebration which was held at The Ashoka, New Delhi. At the event, Finance Minister, Mr Arun Jaitley, Minister of State for Finance, Mr Jayant Sinha, Minister of Shipping Road Transport and Highways, Mr. Nitin Gadkari, Minister of State for Petroleum and Natural Gas, Mr. Dharmendra Pradhan, […]
Budget 2016 with proposals for income tax and other taxes shall be presented in Parliament on 29th of February (Monday) this year. These changes shall be applicable for financial year 2016-17 –> applicable for year that begins on 1st April 2016 and ends on 31st March 2017. We are excited about what this budget will […]