Latest News on Tax Exemption
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Tax Exemption - Total results - 44
Feb 03, 2018
Arun Jaitley's bonanza for senior citizens poses a dilemma, FD or SB interest?The new tax benefit is, however, going to make senior citizens more wanted.
Jan 31, 2018
Budget 2018: Eight measures Arun Jaitley should look into to provide relief to taxpayersHopefully the Budget will provide for an exclusive tax exemption of up to Rs. 20,000 for premiums paid towards a term insurance in addition to the current 1.5 lakh available for life.
Jan 25, 2018
Budget 2018: Why it is time to reconsider income tax exemption given to charitable institutionsIf rendering noble services can beget one income tax exemption, there could other claimants for this honour
Jan 22, 2018
Budget 2018: Increase tax exemption limit to Rs 3 lakh, says SBI reportWith rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said
Jan 18, 2018
Budget 2018: Maternity benefits, low income taxes and agri infrastructure should be high on Arun Jaitley's agendaThere's a lot of pressure on Finance Minister Arun Jaitley to deliver in the upcoming Budget 2018-19. Will he chose politics over the economy, or find a way to keep both happy?
Jan 09, 2018
More tax breaks for middle class likely in Budget as finance ministry mulling hike in exemption limitIn the last Budget, Finance Minister Arun Jaitley left the slabs unchanged but gave marginal relief to small tax payer by reducing the rate from 10 percent to 5 percent for individuals having annual income between Rs 2.5-5 lakh.
Dec 08, 2017
Ending exemptions can take tax-to-GDP ratio to 22%, says PMEAC chairman Bibek DebroyBibek Debroy claimed revenue worth 5 percent of GDP is lost to exemptions and if these exemptions are eliminated, the tax-to-GDP ratio will be 22 percent
Nov 23, 2017
In reply to Shashi Tharoor's suggestion, govt says it will examine Rs 5 lakh tax exemption proposal for pensionersMoS for Finance Shiv Pratap Shukla in a letter says proposal for pensioners would be examined during exercise for ensuing Union Budget 2018
Aug 16, 2017
Govt extends tax exemption for industry in North East, hilly statesIndustries in the north eastern and Himalayan states will continue to get tax exemption till March 2027, Finance Minister Arun Jaitley said
Jul 27, 2017
Tax liability: Did you know you have to pay tax on part of income of your near and dear ones?You cannot afford to be complacent about these rules that are known among the tax experts in their own jargon as---the clubbing provisions