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Yoga becomes tax-free: Is this Budget item a sweetheart deal for Baba Ramdev?

Mar 03, 2015

Yoga becomes tax-free: Is this Budget item a sweetheart deal for Baba Ramdev?

The moot question is what does the exemption to yoga portend and take within its sweep? Standalone yoga activities would definitely enjoy this exemption without any doubt. But would profit from sale of ayurvedic products often forming an adjunct of yoga activities as is the case with Ramdev’s Pathanjali Yoga organization also make the grade for exemption? #Baba Ramdev #ToWhatEffect #Yoga #Sri Sri Ravishankar #Tax exemption #Budget2015
More good news? Jaitley not for burdening middle class with more taxes

Nov 22, 2014

More good news? Jaitley not for burdening middle class with more taxes

Jaitley, who will be presenting his first full fledged budget in February, said that in his last budget he had increased the tax exemption limit from Rs 2 lakh to Rs 2.5 lakh and would even raise it further if he had more money. #Arun Jaitley #Budget #Tax exemption #exemption limit #full fledged budget #evaders
The taxman cometh: Budget 2014 hints at Modi crackdown on NGOs

Jul 11, 2014

The taxman cometh: Budget 2014 hints at Modi crackdown on NGOs

The leak of the IB report on NGOs allegedly destabilising the Indian economy has been backed by a statement of intent in the budget to tighten the screws on NGOs' funding and tax exemptions. #Narendra Modi #PoliticsDecoder #Intelligence Bureau #Tax exemption #NGOs #Greenpeace #Infrastructure Projects #Gujarat Model #Foreign funding #Budget 2014 #environmentalist
Budget 2014: Jaitley's tax sops help salaried class save up to Rs 40,000

Jul 10, 2014

Budget 2014: Jaitley's tax sops help salaried class save up to Rs 40,000

The Budget for 2014-15 raised individual income tax limit from Rs 2 lakh to Rs 2.5 lakh for citizens up to 60 years of age and from Rs 2.5 lakh to Rs 3 lakh for persons above 60 years.
#KPMG #Arun Jaitley #PPF #IT #Tax exemption #provident fund #Budget2014
Seeking doubling of tax exemptions for differently-abled: Social Justice Minister

Jul 05, 2014

Seeking doubling of tax exemptions for differently-abled: Social Justice Minister

As regards the passage of the Rights of Persons with Disabilities Bill, 2014, which was introduced in Rajya Sabha by the previous UPA government, Gehlot said that a new Standing Committee would look into it.
#India #UPA #Rajya Sabha #Disability #Tax exemption #differently-abled #Rights of Persons with Disabilities Bill #Thaawar Chand Gehlot
Centre mulls raising tax exemption bar to Rs 2 lakh, boost savings

Jun 30, 2014

Centre mulls raising tax exemption bar to Rs 2 lakh, boost savings

Presently the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under Sections 80C, 80CC and 80 CCC of the Income-Tax Act. #Economy #Mutual fund #Arun Jaitley #PolicyWatch #Tax exemption #Ministry of Finance #ELSS #Household Savings