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Income tax benefit
INCOME TAX BENEFIT NEWS
Behind measures for middle-class in Union Budget, bid to build trust among taxpayers
February 02, 2025 9:22 pm
In a country, which has just over 10 crore taxpayers, the intent to simplify the tax regime with lower TDS/TCS compliances, raise the income tax rebate limit and rejig the tax slabs, has been to repose trust in the complying taxpayer.
Union Budget was prepared eyeing 2024 Lok Sabha elections: CM Mamata Banerjee
February 01, 2023 4:43 pm
Political leaders across party lines welcomed the recent tax rebates announced in the Union Budget 2023-24, but some Opposition leaders criticised the Centre for failing to adequately address the issues of unemployment and inflation.
How to make the most of tax benefits by investing in insurance products
February 25, 2022 5:32 pm
It’s always great to get an early start on your annual investment portfolio, especially when it comes to tax saving. However, in case you are yet to sort out your investment decisions, this window is just the ideal opportunity for you to do so.
Union Budget 2021: All the personal tax benefits explained
February 02, 2021 12:40 pm
The FM sought to stay away from popular measures and chose to ease operational challenges in line with one of the pillars which is “Minimum government with maximum governance”.
Amfi pitches for debt-linked saving schemes with tax benefits in Budget proposal
January 16, 2020 5:55 pm
In its Budget proposals to the Finance Ministry, the industry body has also demanded that the government recognise mutual funds (MFs) as specified long-term assets, qualifying for Long-Term Capital Gains (LTCG), as well as bring ULIPs of life insurance companies and equity MF schemes on par.
Tax saving investments: Here are some last-minute options you can use before March 31 deadline
March 30, 2018 2:30 pm
Here are some tax-saving investment options that can help you plan your annual savings in the new Financial Year 2018-19.
Pushing plastic: Good idea needs strong will
June 25, 2015 2:58 am
Vested interests have scuttled earlier attempts at cutting back the cash economy. To succeed, the Finance Ministry’s latest bid must focus on making the cost of cash transactions unaffordable.
Card and carry
June 25, 2015 12:00 am
Electronic transactions must be encouraged — but there are better ways to do it than tax sops.
Plastic push: Government proposes income tax benefit for those making card payments
June 23, 2015 11:20 am
The government on Monday proposed income tax benefits for individuals making payment through debit or credit cards.
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