Tax Exemptions

Apr 20, 2016 at 14:26 | Source: Reuters
Under the plans, individuals who buy an electric car by 2020 would not have to pay vehicle tax for ten years, reported the paper. Support could also include a research programme which would boost the development of batteries.
Apr 15, 2016 at 10:38 | Source:
Profits from trading in shares can be taxed as a capital gain or as business income. Here is how one should look at it.
Apr 07, 2016 at 15:25 | Source:
Government has offered a wide array of tax benefits to senior citizens. They are entitled for tax exemptions. Also they are offered more benefits when it comes to tax reporting.
Mar 30, 2016 at 14:53 | Source:
Home loan companies and banks have launched schemes that would make buying your dream home a reality.
Mar 28, 2016 at 18:07 | Source: PTI
Under the 'Start Up India Action Plan', the government announced incentives including tax holiday and Inspector Raj-free regime besides capital gains tax exemption and Rs 10,000 crore corpus to fund them.
Mar 19, 2016 at 12:40 | Source: PTI
The entities are alleged to have misused the securities market system to artificially increase the share price of Radford Global and Moryo Industries for providing long-term capital gain (LTCG) benefits to the preferential allottees of these companies. Long-term capital gains carry tax exemption.
Mar 16, 2016 at 19:12 | Source: PTI
Tax exemption of up to 40 per centof the retirement corpus at the time of withdrawal under NPSis a big step by the government and going forward, there maybe more parity between existing pension schemes, PFRDAChairman Hemant G Contractor said today.
Mar 16, 2016 at 09:38 | Source:
Account for the penal interest as per the provisions of the law and pay your dues as soon as possible to minimise the burden.
Mar 11, 2016 at 09:41 | Source:
House rent allowance (HRA) is a part of your salary and can be claimed to save on income tax. Here are some tips for the same.
Mar 03, 2016 at 10:16 | Source: Reuters
The price of its smart hybrid models, which are exempt from the new tax, will not be raised, Maruti stated on Thursday.
Messages on Tax Exemptions »


Platinum Member


Tax Planning & Help  

And people with Income upto 2.4 lakhs should be tax exempted and medical reimbursement should be upto 25k/ person since the cost of medicines are zooming day by day. 0-2.4 Lakhs- No tax 2.4- 4.8 lakhs-10%(24k/year) 4.8-7.2 lakhs-20%(72k/year) 7.2 -12lakhs- 25 % Above 12 lakhs-30 % Above

10.31 AM Feb 11th 2013


Platinum Member



want to overcome the CURSE of HIGH Inflation. For DISCIPLINED persons with High Income NPS may be avoidable EXCEPT for ADDITIONAL TAX Exemption of Rs.1 Lac ( if Subscribed by EMPLOYER by including in SALARY Package ).

7.26 PM Feb 7th 2013


Platinum Member


Tax Planning & Help  

On the one hand the Govt wants more and more people to invest in the share markets and give up on gold as a hedge against inflation and on the other there is STT which dissuades them??? The current cap on tax exempted amount is too little to encourage people to enter the stock markets. It has

3.04 PM Feb 5th 2013


Yes this is a good proposal. Rax rebate on home loans should increase. At the same time Tax exemption limit also should increase. At the same time savings limit should increase to 1.5 lakhs. This will encourage middle class to save more in bonds and insurance.

2.35 PM Feb 5th 2013

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Other Market Topics  

-term gains are tax-exempt. The Par

2.27 PM Feb 5th 2013


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News Now  

Tax exemption on bank interest may have better effect in diverting investment from gold.

11.50 AM Feb 4th 2013


Platinum Member


Rural Elect Corp  

REC has the privilege to issue capital gain tax exemption bonds with just 6% interest. They get funds at at very cheap cost and performing well. This is the best among the PSUs. Their growth progress is very steady since last 5 years. The stock looks very cheap among the PSUs. Soon it may break 245

12.25 PM Jan 30th 2013

Devadath Pai

Silver Member



Increasing the min tax exemption limit to 3L is very much welcome. However, FM should tax income above 1 Cr at 40% and get agri income also into tax ambit for more than 5L.

11.29 PM Jan 22nd 2013

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Other Insurance Issues  

Source:The Hindu BusinessLine - Mumbai, Jan. 21: The general insurance industry has asked for tax concessions as the Finance Ministry gets ready for the upcoming Budget. General insurers are seeking tax exemptions on homeowner’s insurance and personal accident covers. “The penetration level

3.31 PM Jan 22nd 2013


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minimum tax limit should be raised to rs 5 lakhs in view of high cost of living and inflation. they should also fix minimum tax for rich so that they dont exploit the exemption like capital gain tax, dividends etc. they must tax rich for at least 20% for their tax exempt income

12.34 PM Jan 22nd 2013

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