Jul 13, 2020 10:01 AM IST
While a tax rebate is beneficial for low-income earners, deductions can be claimed by all individuals irrespective of their tax slabs.
- Jan 16, 2020 02:02 PM IST
Definition of ‘long-term’ may also be amended from one to two years, with the government wanting to differentiate between a strategic investor and short-term investor
- Feb 28, 2015 12:30 PM IST
The government was expected to hike service tax rate this time. A two percent service tax rate hike could have yielded over Rs 30,000 crore to the cash-starved government. A service tax rate change would have needed amendment in the Finance Act.
- Jan 28, 2015 05:44 PM IST
Extend tax benefits to housing sector: NAREDCO council chief
- Jul 22, 2013 07:27 PM IST
Salaried persons earning upto Rs 5 lakh annually will have to file income tax returs, Central Board of Direct Taxes (CBDT) said on Monday.
- Feb 05, 2013 03:00 PM IST
Market regulator Sebi has revised norms required for publicly traded companies which are planning to list their equities after amalgamation or de-merger.
- Jan 04, 2013 10:27 PM IST
Social sector representatives today pitched for tax exemptions and greater involvement of NGOs in implementation of welfare programmes of the
- Jul 06, 2012 12:11 PM IST
There is often some income that arises in the name of the minor children of an individual and this is forgotten and kept aside at the time of tax calculations.
- Jul 02, 2012 06:00 PM IST
Rail travellers can breath easy as the government has decided not to levy 12% service tax on passenger fares and freight till September 30.
- Mar 17, 2012 09:35 AM IST
Sitaram Yechury on how the finance minister can balance the politics of the poor with the policies for the economy.
- Mar 16, 2012 02:00 PM IST
Giving some relief to tax payers, Finance Minister Pranab Mukherjee today proposed raising the income tax exemption limit for individuals to Rs 2 lakh per annum from Rs 1.80 lakh.
- Dec 23, 2011 02:36 PM IST
Anti-dam activists of Assam who have launched an indefinite economic blockade in Lakhimpur against NHPC dam at Gerukamukh, has given an assurance to a students delegation for exempting trucks carrying essential commodities and fuel to three Siang districts of Arunachal Pradesh from the purview of the blockade.
- Jun 06, 2011 06:55 PM IST
As many as 85 lakh salaried tax payers whose taxable income, including salary and interest income, is up to Rs 5 lakh, are not required to file income-tax return from now onwards.
- Mar 01, 2011 12:40 PM IST
In an interview with CNBC-TV18, MS Unnikrishnan, managing director of Thermax said, the removal of excise duty is a positive move in the right direction. This move has brought in a level playing field for the domestic suppliers.
- Feb 01, 2011 06:48 PM IST
Tax payers can expect some relief from high inflation in Budget 2011-12 as the government may raise the income tax exemption limit for individuals.