Key Highlights of Union Budget 2021-22 Presenting the first-ever digital Union Budget, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman stated that India’s fight against COVID-19 continues into 2021 and that this moment in history, when the political, economic, and strategic relations in the post-COVID world are changing, is the dawn of a … Read more
Union Budget 2020 – No change in Income Tax Slab “Those having annual income upto Rs. 5 lakh are not required to pay any income tax” Tax rates for individuals having taxable income from Rs. 2 cr – 5 cr and Rs. 5 cr & above to be increased by around 3 % and 7 … Read more
PRESS STATEMENT of CITU on ANNUAL BUDGET 2015-16 ANNUAL BUDGET 2015·16 : DECEPTION AND LOOT ON COMMON PEOPLE The Annual Budget presented today by Modi Govt is an articulation of anti-people and pro-corporate bias camouflaged by so called pro-people rhetoric. May be it is now the time for them to reciprocate for the total patronage, … Read more
Postal Network Spread Across the Country to be Used for Increasing Access to Formal Financial System The Finance Minister, Shri Arun Jaitely presenting the Union Budget 2015-16, here today, said that the government is committed to increasing access of the people to the formal financial system. In this context, Government proposes to utilize the vast … Read more
Key Features of Budget 2014-2015 Personal Income-tax exemption limit raised by Rs. 50,000/- that is, from Rs. 2 lakh to Rs.2.5 lakh in the case of individual taxpayers, below the age of 60 years. Exemption limit raised from Rs.2.5 lakh to Rs.3 lakh in the case of senior citizens. No change in the rate of … Read more