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tax exemption
TAX EXEMPTION NEWS
Union Budget 2025: Some tax benefits that could help senior citizens
January 01, 2025 9:42 am
With rising medical costs and inflation, the amount that the elderly have to spend every month has been on the rise.
What a Supreme Court ruling on taxing Catholic clergy could mean for the community
November 22, 2024 11:07 pm
Decision to do away with tax exemption has stirred mixed reactions within India’s Christian community. Some view it as a violation of their religious rights. Others see it as a necessary adjustment in an evolving legal and social landscape that demands equality across religious boundaries
Additional relief under new tax regime to those with over Rs 7 lakh/year taxable income
March 25, 2023 8:27 am
In the Union Budget for 2023-24, the government expanded the scope of full rebate on income tax under the new tax regime to an annual taxable income of Rs 7 lakh from Rs 5 lakh earlier.
India govt unlikely to roll back tax plan on high-value life insurance: Report
March 15, 2023 12:01 pm
The government has said it would scrap the tax exemption on the total returns upon maturity of life insurance policies if their aggregate premium exceeded Rs 5 lakh.
Poll panel to curtail some perks, privileges extended to Election Commissioners
May 20, 2022 3:53 pm
The tax exemptions enjoyed by the Chief Election Commissioner (CEC) and Election Commissioners on sumptuary allowance will no longer be applicable. Only one LTC (Leave Travel Concession) will now be availed by them annually instead of three.
CM Raje announces total rebate on farmer loans' interest
March 26, 2015 8:59 pm
Raje made new announcements on jobs, a health route scheme etc in her budget 2015-16 speech.
Union Budget: FM Arun Jaitley may double tax exemption limit to Rs 2 lakh
June 30, 2014 4:00 pm
Presently investments and expenditures up to Rs 1 lakh get exemptions under the Income-Tax Act.
Hit by funds crunch,Baroda hockey body seeks VMC help
December 12, 2013 5:44 am
There must be some exemption shown towards the game,said BDHA president Shyam Prabhakar.
Taxing problems
October 28, 2013 12:11 am
Corporate tax strategies and exemptions are under the scanner again in the UK.
Bangla govt to take legal action against Nobel laureate
September 10, 2013 2:04 am
A decision to this effect was taken at a cabinet meeting after the government received a report from the National Board of Revenue.
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