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.
- May 10, 2016 10:52 AM IST
The rise of the rebate from Rs 2,000 to Rs 5,000 is positive but if this is planned well then it can become a force multiplier
- Jan 17, 2016 02:35 PM IST
An 'end of life' policy may be announced in the Budget that may include a rebate of at least 50 percent in excise duty on new vehicles for buyers who surrender their polluting old ones.
- Oct 23, 2015 04:02 PM IST
The rebate was scrapped when the government realized that some resourceful traders were exploiting the rebate and helping others lower their tax liability. If the government does agree to restore the rebate on STT, it could lose much more than revenue foregone on rebates.
- Feb 24, 2015 10:10 AM IST
Navin Raheja, chairman and managing director, Raheja Developers also expects the exemption limit on interest repayment to be raised from Rs 2 lakh to Rs 5 lakh.