Union Budget

Income Tax Calculator for FY 2015-16 [AY 2016-17] – Excel Download

Income Tax Calculator for FY 2015-16 (AY 2016-17) - Excel Based

The Union Budget for 2015 was presented today by Arun Jaitely. The tax slabs have remain unchanged but there have been some changes in terms of Transport Allowance, Medical Insurance benefits and exemption for Physically challenged tax payers. Budget 2015: Changes We have incorporated the 7 changes that happened in Budget 2015 (presented on February …

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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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