Exemption

Budget may increase income tax exemption limit to Rs 3 lakh from Rs 2.5 lakh, says SBI report

According to SBI's research report Ecowrap, the upcoming budget is likely to see an increase in personal income tax exemption limit, increase in section 80C exemption limit, interest exemption on housing loan and and at least reducing (if not abolishing) the lock in period for bank fixed deposits

Budget 2016: Insurance industry seeks hike in tax exemption limit

Government should raise tax exemption limit for health insurance and introduce fiscal measures to help increase its penetration, say industry officials.

Budget 2016: Commerce Ministry pushes for service tax exemption for exports

To boost waning exports, the Commerce Ministry has suggested that exporters be exempted from payment of service tax in the upcoming Budget.

Labour ministry asks EPFO, ESIC not to inspect startups for 3 years

The Labour Ministry has directed retirement fund body EPFO and health insurance provider ESIC to exempt startups from inspection and filing returns for 3 years.

Budget 2015: Dear Jaitley, salaried class deserves exclusive tax benefits

The income-tax law indeed is caught in a time warp especially for the salaried class

Budget 2015: 9 things FM Jaitley should do to help the taxpayer save more

As this Budget will be the first full-fledged budget by the new government, the expectations all around are high

Salaried class wants IT exemption limit to be Rs 3 lakh: Assocham

The survey was able to target employees from 18 broad sectors, with maximum share contributed by employees from IT/ITes sector (17 percent).

How to claim your leave travel allowance

Apart for making New Year resolutions, you also have to claim your leave travel allowance (LTA). If you haven't heard form your office HR yet, it's only a matter of time that you receive an email to claim your LTA.

Bicycles costing less than Rs 3500 in UP will get exemption of VAT: Akhilesh

Uttar Pradesh Chief Minister Akhilesh Yadav on Monday announced exemption of VAT for bicycles costing less than Rs 3,500.

Amit Shah exempted by CBI court from appearance in encounter cases

A CBI court exempted Amit Shah from appearing before it in connection with the alleged fake encounter cases of Tulsiram Prajapati and Sohrabuddin Sheikh.