Tax Concessions

The total revenue impact of tax concessions availed on political donations in nine years since 2014-15 is an estimated Rs 12,270.19 crore. The data for FY 2023-24 is yet to be made public.

Tesla and beyond: India bets on EV policy sops to attract global players

India has already taken steps to push for the adoption of EVs, including PLI schemes on advanced chemistry cells, automobiles and automobile components, even as the GST on EVs was reduced to 5 percent from 12 percent.

No proposal to expand range of tax concessions for SEZs: Govt

SEZ is a designated duty free enclave and developers of such facilities would get direct as well as indirect tax concessions.

Govt looking at tax sops for Life insurance policy holders

Life insurance policyholders can look forward to more tax concessions with Finance Minister P Chidambaram asking the revenue department to look into the possibility of removing service tax on first premium and creating separate exemption limit for pension schemes.

Tax concessions for industries in J&K extended by a year

Tax concessions to the tune of nearly Rs 500 crore given to the industrial sector in Jammu and Kashmir have been extended by one year.

Budget 2012-13: Realistic & retrospective but not reformist: Experts

CNBC-TV18 caught up a panel of guests to discuss their reaction on the Budget and the way forward for the economy. Check out what they say.

Budget 2012-13: Brace up for greater burdens, warns Yechury

Sitaram Yechury, CPI (M) MP at Rajya Sabha tells CNBC-TV18 that the Budget does not meet either of the two requirements that the finance minister and the government had at the time of presenting this budget.