Tax Exemptions

Sep 26, 2016 at 09:42 | Source: PTI
Life insurers, who are set to write to the Prime Minister seeking exemption from the new tax regime, feel that their premium income has remained stagnant since the industry was brought under service tax in 2012.
Sep 23, 2016 at 14:08 | Source: CNBC-TV18
The Council will meet again on September 30 to finalise draft rules on exemptions. It will meet between October 17-19 to discuss rates.
Sep 23, 2016 at 08:42 | Source:
"The GST council meet was held in true federal spirit. We received two suggestions on the threshold for exemptions," Jaitley said, referring to the firms that will eventually be exempt from the new tax regime based on their turnover. Figures of Rs 10 lakh and Rs 25 lakh are the ones doing the rounds.
Sep 22, 2016 at 21:04 | Source: PTI
Moving towards rolling out GST from April 1, Centre and states today agreed on a timetable for deciding on the tax rate and completion of legislative work but differences remained on the turnover limit for exemption from the new tax.
Sep 22, 2016 at 17:20 | Source: CNBC-TV18
With the Union Finance Minister as the Chairperson, the panel of State Finance Ministers and some top officials from the Finance Ministry will have the task of finalising the entire roadmap for the GST rollout
Sep 12, 2016 at 15:24 | Source: PTI
The first meeting of the newly constituted GST Council, which will decide on the rates, exemption and threshold, will be held on September 22 and 23, he said while briefing reporters about today's Cabinet decision.
Sep 10, 2016 at 16:58 | Source: PTI
BCCI president Anurag Thakur today said that as long as the Income Tax Exemption of the Board remains withdrawn, it will be difficult to help Olympic sporting disciplines as much as they would have liked to.
Sep 06, 2016 at 07:19 | Source:
Section 10(17A) of the Income Tax Act, authorises the Central Board Of Direct Taxes (CBDT) to approve some specific payments, made by the Central and State Governments as exempt from payment of taxes, which are of public interest.
Sep 02, 2016 at 09:28 | Source: PTI
"There will be an exemption limit for small traders and the limit is likely to be fixed at Rs 25 lakh. The states and the Centre are now involved in an intense discussion on this. More or less, we have reached an understanding that the limit will be up to Rs 20-25 lakh," Adhia said on Finance Ministry's YouTube channel.
Aug 30, 2016 at 19:40 | Source: PTI
India Inc demanded relaxation in penal provisions while admitting that April 1, 2017, deadline will be tough as they need sufficient time to put in place the IT infrastructure.
Messages on Tax Exemptions »


New Member



Let`s make some money first and then instead of paying taxes on the full amount, Let`s donate some and get tax exemptions. All Tax collectors are like bottomless buckets. In the past they used to be leaky buckets. BTW I came here to compliment RIL bulls! And instead of seeing a festive atmosphere

11.18 AM Sep 16th


New Member

0 Follower


amid the tumult, money-fund assets have held steady because most of the cash leaving prime and tax-exempt funds has streamed into less risky offerings focusing on treasuries and other government-related debt, such as agency securities and repurchase agreements. these funds are exempt from the new

3.21 PM Sep 14th


New Member

0 Follower


the transformation of the money-fund industry, where investors turn to park cash, is a result of regulators’ efforts to make the financial system safer in the aftermath of the credit crisis. the key date is oct. 14, when rules take effect mandating that institutional prime and tax-exempt funds end

3.20 PM Sep 14th

Wire News

Platinum Member


News Now  

BCCI president Anurag Thakur today said that as long as the Income Tax Exemption of the Board remains withdrawn, it will be difficult to help Olympic sporting disciplines as much as they would have liked to.

4.58 PM Sep 10th


Platinum Member


Novartis India  

buyback can ONLY be through member of bse/nse and hence STT paid with brokerage charged and is long term tax exempt.

12.46 PM Sep 10th


New Member

0 Follower

Chromatic India  

dear sebco even if promoters sell their entire holding they will get only 5 cr at current market price on one tenth of the tax exemption they got from income tax department see the magic of selling promoter holding

12.02 PM Aug 31st

Adani Ports  

projects. As way of incentive, 100% income tax exemption from income tax is extended to companies investing in port infrastructure. Further, a 10-year tax holiday has been given to enterprises engaged in the business of developing, maintaining and operating ports, inland waterways and inland ports.

10.04 AM Aug 29th


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

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