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  • Explained: How you can save on taxes via rebates, exemptions and deductions Jul 13, 2020 10:01 AM IST

    Explained: How you can save on taxes via rebates, exemptions and deductions

    While a tax rebate is beneficial for low-income earners, deductions can be claimed by all individuals irrespective of their tax slabs.

  • Centre may scrap LTCG tax, rework holding period to two-years Jan 16, 2020 02:02 PM IST

    Centre may scrap LTCG tax, rework holding period to two-years

    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

  • Union Budget 2015: Jaitley proposes to hike service tax rate to 14% Feb 28, 2015 12:30 PM IST

    Union Budget 2015: Jaitley proposes to hike service tax rate to 14%

    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.

  • Extend tax benefits to housing sector: NAREDCO council boss Jan 28, 2015 05:44 PM IST

    Extend tax benefits to housing sector: NAREDCO council boss

    Extend tax benefits to housing sector: NAREDCO council chief

  • Salary earners upto Rs 5 lakh need to file I-T return: CBDT Jul 22, 2013 07:27 PM IST

    Salary earners upto Rs 5 lakh need to file I-T return: CBDT

    Salaried persons earning upto Rs 5 lakh annually will have to file income tax returs, Central Board of Direct Taxes (CBDT) said on Monday.

  • Sebi revises norms for cos seeking scheme of arrangement Feb 05, 2013 03:00 PM IST

    Sebi revises norms for cos seeking scheme of arrangement

    Market regulator Sebi has revised norms required for publicly traded companies which are planning to list their equities after amalgamation or de-merger.

  • Tax concession sought for social sector in upcoming Budget Jan 04, 2013 10:27 PM IST

    Tax concession sought for social sector in upcoming Budget

    Social sector representatives today pitched for tax exemptions and greater involvement of NGOs in implementation of welfare programmes of the government.

  • Remember to include the income of your minor child Jul 06, 2012 12:11 PM IST

    Remember to include the income of your minor child

    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.

  • Govt exempts rail fares, freight from service tax till Sept Jul 02, 2012 06:00 PM IST

    Govt exempts rail fares, freight from service tax till Sept

    Rail travellers can breath easy as the government has decided not to levy 12% service tax on passenger fares and freight till September 30.

  • Sitaram Yechury: The Government Should Get Priorities Right Mar 17, 2012 09:35 AM IST

    Sitaram Yechury: The Government Should Get Priorities Right

    Sitaram Yechury on how the finance minister can balance the politics of the poor with the policies for the economy.

  • Budget 2012: Income tax exemption limit raised to Rs 2 lakh Mar 16, 2012 02:00 PM IST

    Budget 2012: Income tax exemption limit raised to Rs 2 lakh

    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.

  • Activists to exempt trucks carrying essentials to Arunachal Dec 23, 2011 02:36 PM IST

    Activists to exempt trucks carrying essentials to Arunachal

    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.

  • No tax return for salary, interest income up to Rs 5 lakh Jun 06, 2011 06:55 PM IST

    No tax return for salary, interest income up to Rs 5 lakh

    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.

  • Excise duty relief a step in the right direction: Thermax Mar 01, 2011 12:40 PM IST

    Excise duty relief a step in the right direction: Thermax

    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.

  • Inflation impact: Govt may hike tax exemption limit Feb 01, 2011 06:48 PM IST

    Inflation impact: Govt may hike tax exemption limit

    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.

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