The Central Board of Direct Taxes (CBDT) has prepared and circulated its annual strategy for the new financial year to field officers this week, said one of the two persons quoted above, speaking on the condition of anonymity. It has laid down targets for not only tax collection from different regions, led by Mumbai and … Read more
His allocation to global equities has doubled over the last five years—to 40% from 20%, Mukherjea shared in an interaction with Mint for the Guru Portfolio series. He also explained why he fears that, without careful financial planning, Indian middle-class households may get caught up in a debt trap. In this series, leaders in the … Read more
New Delhi: Prime Minister Narendra Modi said on Tuesday that the income tax rationalization made by the Center in the last 10 years has given up more money in the hands of the middle class. Union budget presented on 1 February increased income 12 lakh tax-free, above 7 lakhs ago. Factoring in standard cuts of … Read more