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Business News/Topic/ Tax Impact

TAX IMPACT

Get the latest Tax impact news, videos and headlines. Explore more for Tax impact breaking news, opinions, special reports and more on mint.

Budget 2019: Experts explain how tax rebates affect your pockets

01 Feb 2019

Budget 2019: You may never get to see the taxman; ITR refunds in 24 hours

1 min read . 01 Feb 2019

Standard deduction increased from ₹40,000 to ₹50000.

5 income tax changes announced in Budget 2019

3 min read . 02 Feb 2019

Taxpayer with income of ₹5 lakh will get full tax rebate: Piyush Goyal

02 Feb 2019

Budget 2019: Income tax processing to get quicker and scrutiny stricter

1 min read . 01 Feb 2019

This increase of ₹10,000 will result in tax savings of ₹3,120 for individuals in the highest tax bracket of 31.2%. (Mint)

Standard deduction to bring relief of ₹3,120 in the highest tax slab

1 min read . 01 Feb 2019

Currently, income up to ₹2.5 lakh is exempt from personal income tax. Photo: Pradeep Gaur/Mint

Tax rebate enhanced. Taxable income upto ₹5 lakh are exempt from tax

1 min read . 01 Feb 2019

Johnson & Johnson is projecting a roughly 1.5-percentage-point increase in its tax rate as a result of the global minimum tax.

A New Global Tax Is About to Raise Billions. The U.S. Is Missing Out.

3 min read . 01 Feb 2024

This suggested tax would amount to just 2% of the collective $13 trillion in wealth owned by the world's 2,700 billionaires

Global tax on billionaires could generate $250 billion annually, finds EU Study

2 min read . 26 Oct 2023

Representative File Image: Customers in a pub (PIC: MADHU KAPPARATH)

Liquor VAT: Maharashtra government raises tax by 5% for bars, restaurants

2 min read . 22 Oct 2023

Here is how taxpayers can reduce income tax under various sections in FY 22-23, according to a meeting with Dr. Suresh Surana, Founder, RSM India.

How to save income tax under various sections in FY 22-23?

5 min read . 13 Jan 2023

The Central Board of Direct Taxes has now allowed taxpayers to claim Foreign Tax Credit (FTC) even after the due date of filing Income Tax Return (ITR), which is 31 July every year unless extended by the IT department

Credit on tax paid outside India can now be claimed after ITR filing due date

1 min read . 19 Aug 2022

Those less than 60 years get no benefit and will have to pay 5% tax on income between ₹2,50,000 and ₹5,00,000 (Mint)

Tax benefits in budget makes it easier to own two houses

3 min read . 04 Feb 2019