Budget

Download Income Tax Calculator for FY 2014-15 [AY 2015-16]

Income Tax Calculator for FY 2014-15 [AY 2015-16]

In keeping with trend of publishing the Income Tax Calculator every year, here is the Income Tax Calculator for FY 2014-15 [AY 2015-16]. Changes in Budget 2014: We have incorporated the 3 changes that happened in Budget 2014 (presented on July 10, 2014) These are: Income up to Rs 2.5 lakhs for General Public and up …

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Mutual Funds: Changes in Budget 2013 – Increased DDT, Lower STT

Mutual Funds

There are two things that have changed for mutual funds in budget 2013. We discuss both one by one. I would start with the good news first. Lower Securities Transaction Tax (STT) on Mutual Funds: The securities transaction tax has been lowered substantially on redemption of Mutual Funds (MF) and Exchange Traded Funds (ETFs) from …

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