Latest News on Tax Exemptions
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Tax Exemptions - Total results - 9
Feb 17, 2020
No timeline to remove I-T exemptions; intention to give simplified reduced rate of income tax: Nirmala SitharamanAddressing a post-Budget press conference on 1 February, Sitharaman had said the government intended to remove all I-T exemptions in the long-run.
Sep 21, 2019
Corporate tax cut signals govt's shift towards radical reform; move ranks topmost among steps taken to revive economyNirmala Sitharaman’s bold move on corporate tax cut signals shift from baby steps to radical reform, precisely what the economy needed
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
Jan 19, 2017
As fund flow dries up, startups look up to Budget with big expectationsYou cannot harass youngsters who want to be entrepreneurs with taxes, says Mohandas Pai
Dec 20, 2016
Govt will impose limits on tax exemption for political parties, says Arun JaitleyThe central government plans to set a threshold criteria for political parties to enjoy tax exemptions to check money laundering by outfits that do not contest elections, Finance Minister Arun Jaitley said
Dec 07, 2016
Niti Aayog expected to recommend tax exemption for digital paymentsAccording to a report in Bloomberg, the panel is suggesting that Indian citizens should be offered tax exemptions if they are making payments through digital modes. It has also recommended that there should be a penalty for cash transactions. This is to ensure that more individuals opt for electronic payments over cash transactions.
Aug 20, 2014
Blame the govt: One third of your home purchase cost is just taxesAccording to a KPMG report titled 'Housing for all by 2022," over one-third of all home costs comprises various taxes.
Jul 11, 2014
Personal tax: How much you will save post Jaitley's tax proposals in Budget 2014Finance Minister Arun Jaitley has provided some relief to the individual tax payer who has been bearing the brunt of high inflation in the economy.
Jul 07, 2014
FM wary of high tax exemptions: No perks for salaried class this Budget?Prime Minister Narendra Modi-led NDA government's maiden Budget is unlikely to offer perks for the salaried class as finance minister Arun Jaitley has limited room for big bold moves this year. According to CNBC-TV18, Jaitley may not announce any major tax exemptions for professionals due to lack of fiscal space.