Budget 2020: Auto component industry body seeks uniform 18% GST; demands fund to support R&D, indigenous technology development
The industry body also sought import duty exemption on auto component prototypes to encourage domestic R&D and testing.
In Union Budget 2019, affordable housing got a further fillip with an increase in Income Tax deduction of Rs 1.5 lakh on home loans
Real Estate Sector Budget 2019: Additional tax deduction of Rs 1.50 lakh on interest on home loans taken up to Mar 2020 proposed
Government is proposing additional tax deduction of Rs 1.50 lakh on interest paid on home loans taken up to March 2020
Other tax proposals like the reduced corporate tax of 25 percent on businesses logging a turnover of up to Rs 250 crore will come into effect from 1 April.
Infosys COO's salary hike: Narayana Murthy was right in raising issue, it holds good for corporate India too
Pravin Rao, COO, an Infosys veteran whom Murthy had recruited in the '80s, was given a spectacular raise from Rs 4.5 crore a year to Rs 7 crore a year.
Investor Warren Buffett says he's never used the kind of tax deduction that Republican presidential candidate Donald Trump did
Cybercriminals are targeting India, US and other countries with fraudulent "tax deduction" emails to steal information, security software firm Symantec said.
Jaitley has given the benefits on a platter to the money bags while thumbing his nose at the middle class
You can claim tax deduction only for full time courses, at any college, school, university or educational institution in India but not for private tuition fees you pay for your child's education.
Keeping medical expenses in mind, the Indian Income Tax Act's section 80 DDB, allows certain tax deductions you can claim when you spend towards treatment of certain diseases. To know more, read on.
If you've taken an education loan, you have reasons to cheer because you get double benefit from it. On the one hand, it gives you or your child a chance for good education and on the other it offers a tax benefit.
The government is considering raising the tax exemption for up to Rs 3 lakh paid as interest on housing loans in a year, from the existing limit of Rs 1.5 lakh