LPG Cylinder Gets Cheaper. Here’s How Much You Pay Now

February 2, 2019

Domestic cooking gas (LPG) price was cut by Rs. 1.46 per cylinder Thursday, the third straight reduction in a month’s time due to tax impact on reduced market rate of the fuel. A 14.2-kg subsidised LPG cylinder will now cost Rs. 493.53 in the national capital from midnight of Thursday as against Rs. 494.99 currently, Indian Oil Corp (IOC), the country’s largest fuel retailer, said in a statement. This is…

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Budget 2019: Govt proposes Kisaan scheme, to transfer Rs 6,000/year to small farmers

February 2, 2019

New Delhi: To provide relief to distressed farmers, Finance Minister Piyush Goyal proposed Kisaan scheme under which Rs 6,000 per year will be transferred directly to bank accounts of small farmers. The Kisaan scheme is likely to benefit 12 crore farmer families, Goyal said. The income support scheme for farmers will cost the government Rs 75,000 crore per year. First instalment of Rs 2,000 to be given to farmers soon…

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Budget 2019: Sops to taxpayers, relief in standard deductions

February 2, 2019

Individual taxpayers taking home up to ₹5 lakh a year will be spared from having to pay income tax from the next financial year, finance minister Piyush Goyal said on Friday, as he unveiled a middle class friendly interim budget ahead of the next general election. The benefit will accrue in the form of a tax rebate and does not amount to a tax exemption offered to people earning up…

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[INSIDE PHOTOS] Vivacious and in vogue, Isha Ambani spills regal in this magazine photoshoot

February 2, 2019

Isha Ambani recently got married to Anand Piramal and it was one grand wedding. In fact, the Ambanis even got Beyoncé to perform at the sangeet ceremony. It was one star-studded wedding that none of us can forget. Isha recently did a photoshoot with Vogue magazine and got candid about her wedding. Speaking about her big fat Indian wedding, she said, “I was never someone who dreamt of how my…

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Budget 2019: Taxpayers delight! Now expect tax refund in one day; no personal interface between taxpayers and tax officers

February 2, 2019

The push towards digital transactions is fast catching up across all the medium of the society. With the advent of Fintech players, processing of reimbursement claims has already gone paperless, the filing of income tax returns had also become compulsory for those with income above Rs 5 lakh. Even though the processing of income tax refund is already online as the refund comes directly to your bank account, the processing…

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Budget 2019: No income tax up to Rs 5 lakh is good news, but how to claim the benefit of tax rebate

February 2, 2019

Giving relief to people in the lower middle income group, Finance Minister Piyush Goyal, while presenting the Budget 2019, announced total tax rebate to assessees having taxable income up to Rs 5 lakh, while the income tax slabs were left untouched. So, the benefit may be availed by only those people whose taxable income doesn’t exceed the threshold limit of Rs 5 lakh, and for other taxpayers having taxable income…

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