Under the Income Tax Act, 1961, a Notional rent is the rent that you have presumably earned even if the property is not let out. The provision was made to discourage taxpayers to leave...
Announcing the Interim Budget 2019 on February 1, the Finance Minister Piyush Goyal proposed that individuals with annual income of up to Rs. 5 lakhs would receive a complete tax rebate, under Section 87A...
The Finance Minister of India, Piyush Goyal presented the Interim Budget 2019 today, spelling a huge relief for middle-class salaried individuals, farmers, and drawing focus simultaneously on SMEs and infrastructure projects. The current account...
