you are here: HomeNewsTax exemption
tax exemption
Jump to
35 Results Found
  • Big Story | Employees can now claim exemption on conveyance, travel allowance under new tax regime Jun 29, 2020 06:00 PM IST

    Big Story | Employees can now claim exemption on conveyance, travel allowance under new tax regime

    The Central Board of Direct Taxes (CBDT) has now amended income tax rules to allow employees to avail certain exemptions

  • Govt plans 10-year full tax exemption to lure investors to India: Report May 12, 2020 05:12 PM IST

    Govt plans 10-year full tax exemption to lure investors to India: Report

    Another variant of the plan proposes a four-year tax holiday for companies that invest $100 million or more in labour-rich sectors like textiles, food processing, leather and footwear.

  • Budget 2019: Income tax changes middle-class wants from FM Nirmala Sitharaman Jul 05, 2019 07:36 AM IST

    Budget 2019: Income tax changes middle-class wants from FM Nirmala Sitharaman

    Increase in basic exemption limits, enhancement in home loan interest deduction and easing of the tax filing process are eagerly awaited

  • How do you decide capital gains tax on property sale? Jun 19, 2019 09:34 AM IST

    How do you decide capital gains tax on property sale?

    Facts and circumstances of each case warrant a detailed examination for taking an informed decision on this aspect.

  • Expert Take | Lovaii Navlakhi's view on Budget 2019 Feb 01, 2019 05:23 PM IST

    Expert Take | Lovaii Navlakhi's view on Budget 2019

    Lovaii Navlakhi of International Money Matters tells us that Budget 2019 was a good balance of populism while maintaining fiscal prudence, though fiscal maths is questionable.

  • SC gives govt benefit of doubt in tax exemption cases Jul 31, 2018 01:18 PM IST

    SC gives govt benefit of doubt in tax exemption cases

    The tax department processes millions of requests every year, making it difficult for officers to parse through the paperwork and investigate whether the said goods conform to the category under which exemption is claimed.

  • Budget 2017: Tax terms that may figure in Budget & what might change Jan 30, 2017 11:00 AM IST

    Budget 2017: Tax terms that may figure in Budget & what might change

    Finance Minister Arun Jaitley might announce some major changes in the tax landscape. Here, we explain a few taxation terms that might crop up and what is likely to change relating to them.

  • What women want…from Budget 2017, for buying homes Jan 26, 2017 01:00 AM IST

    What women want…from Budget 2017, for buying homes

    Disha Kansara Chawla Senior executive search professional, Mumbai Many average Indians now own two houses – one to live in and one through which they earn retirement benefits. It is very difficult to buy &#82

  • Budget 2017: Health insurers seek tax incentives to boost penetration Jan 23, 2017 04:17 PM IST

    Budget 2017: Health insurers seek tax incentives to boost penetration

    Health insurance providers feel tax incentives to salaried class on purchase of health insurance should be raised. Also, exemption of service tax on health insurance premiums and preventive health check-ups can prompt more people to buy health cover.

  • Income Tax dept busts big cash deposit racket in Nagaland Nov 23, 2016 05:37 PM IST

    Income Tax dept busts big cash deposit racket in Nagaland

    Individuals have been flying into Nagaland from Delhi with scrapped notes in attempts to put it into tribals' accounts, say sources. The I-T department is currently looking into security breaches at Hissar, Delhi and Dimapur airports.

  • New home loan schemes to fuel your home ownership dream Mar 30, 2016 02:53 PM IST

    New home loan schemes to fuel your home ownership dream

    Home loan companies and banks have launched schemes that would make buying your dream home a reality.

  • How to claim HRA tax benefits Mar 11, 2016 09:41 AM IST

    How to claim HRA tax benefits

    House rent allowance (HRA) is a part of your salary and can be claimed to save on income tax. Here are some tips for the same.

  • Budget 2016: Rising indirect tax collections give scope for income tax sops Feb 25, 2016 06:39 PM IST

    Budget 2016: Rising indirect tax collections give scope for income tax sops

    Increasing the tax exemption limit to Rs 3 lakh from Rs 2.5 lakh in the union budget would add Rs 5,000-15,000 in the assessee‘s kitty.

  • Budget 2016: More tax incentives for health and home insurance a must Feb 25, 2016 06:23 PM IST

    Budget 2016: More tax incentives for health and home insurance a must

    Home insurance premium should get some tax exemption. Extant tax benefit on health insurance must be hiked.

  • Mixed bag for the senior citizen Feb 25, 2016 04:22 PM IST

    Mixed bag for the senior citizen

    Though there is no hike in exemption limit for senior citizens, a fresh health insurance scheme is announced by finance minister. Also NPS withdrawals to the extent of 40% were made tax free.

  • Peanuts on tax saving front and an EPF googly Feb 25, 2016 03:40 PM IST

    Peanuts on tax saving front and an EPF googly

    Tax burden for salary below Rs 5 lakh category individuals is reduced by Rs 3000

  • Budget 2016: Service tax on insurance must be relooked at Feb 22, 2016 09:40 AM IST

    Budget 2016: Service tax on insurance must be relooked at

    Service tax on health insurance should be removed and tax exemption on health insurance should be hiked.

  • Big corporates should mentor Start-Ups: Ravi Shankar Prasad Jan 21, 2016 09:28 AM IST

    Big corporates should mentor Start-Ups: Ravi Shankar Prasad

    To promote start-ups in the country, Prime Minister Narendra Modi has unveiled a slew of incentives like offering them a tax holiday and inspector raj-free regime for three years, capital gains tax exemption and Rs 10,000 crore corpus to fund them.

  • Govt approves Gold Bond, Gold Monetisation schemes Sep 09, 2015 06:57 PM IST

    Govt approves Gold Bond, Gold Monetisation schemes

    Economic Affairs Secretary Shaktikanta Das said that under the Gold Bond Scheme, the government plans to exempt capital gains that will be made at the time of redemption.

  • Union Budget 2015: Jaitley has lived up to expectation Feb 28, 2015 03:09 PM IST

    Union Budget 2015: Jaitley has lived up to expectation

    While the big ticket investments needed to revive growth have been limited by the need to keep the fiscal deficit roadmap on course, there are major changes in taxation and other areas that are truly reformist.

  • Union Budget 2015: Credit Suisse sees FM boosting capex, raising I-T slab Feb 26, 2015 08:45 PM IST

    Union Budget 2015: Credit Suisse sees FM boosting capex, raising I-T slab

    At the same time, as part of streamlining the GST base, the service tax net could be broadened further by removing some services from exempt/abatement list," it said in a note Today.

  • Here's all you wanted to know about property guidelines Dec 27, 2013 03:46 PM IST

    Here's all you wanted to know about property guidelines

    NRIs and PIOs can also legally inherit property from a person resident in India and can hold it. They cannot buy agricultural land, plantation property or farm house. However, they can inherit such property from a person resident of India and can hold it.

  • I-T survey for Rs 42cr land deal; will take action: Dishman Oct 14, 2013 10:00 AM IST

    I-T survey for Rs 42cr land deal; will take action: Dishman

    The income tax department's surveyed Dishman Pharma's premises over the weekend for taxation issues in a Rs 42 crore land deal involving Dishman SEZ and Dishman Pharma.

  • Find out: The need to have your child's life insured Jul 15, 2013 05:39 PM IST

    Find out: The need to have your child's life insured

    Manju Dhake of Sushil Insurance Brokers Pvt Ltd discusses on the importance of having your children's insurance plans. Dhake stresses on the significance of savings by investing in children's insurance plans.

  • Budget 2013: Aam admi's nth hour Budget expectations Feb 28, 2013 08:17 AM IST

    Budget 2013: Aam admi's nth hour Budget expectations

    This is to bring into your notice that now the expectations are higher from each and every sector. You are not new to such attention from society at large.

Sections