Tax Relief

“India is more than just a back office... our design capabilities are expanding globally.” In this insightful Moneycontrol exclusive, Union Minister Ashwini Vaishnaw tackles growing concerns around U.S. tariffs and shares how India is solidifying its position in global tech with both manufacturing and design. Key Highlights Include: • The impact of Trump-era tariffs on India’s $300 billion IT sector • India’s strategic engagements with the U.S., Europe, and Japan to safeguard tech jobs • Why electronics manufacturing in India has grown nearly 6x, creating jobs and boosting self-reliance • How India’s talent pool, democracy, and policy stability are attracting global investors • The shift from being merely a services hub to becoming a design-first tech powerhouse Tap into the full interview to understand how India is building resilience and riding the tide of global tech transformation.

India Is No Longer Just a Back Office: Ashwini Vaishnaw on Apple, Tariffs, and Tech Design Shift

“India is no longer just a back office. We are building complete products.” In this exclusive interview with Moneycontrol, Union Minister Ashwini Vaishnaw outlines how India's growing design and R&D ecosystem is transforming the global tech landscape. Key Talking Points: • The real impact of Trump-era tariffs on foreign investment • Is Apple slowing down in India—or doubling down? • Why India's product design teams are becoming globally critical • How policy stability and India’s talent pool are attracting top manufacturers • The world’s increasing trust in India as a tech and manufacturing hub Vaishnaw also touches on how hi-tech design capabilities are taking root in India like never before-spurred by talent, trust, and transformation. Watch the full Moneycontrol exclusive now.

Ashwini Vaishnaw on Tax Relief & GST Reform: Consumption to Surge 10% | Moneycontrol Exclusive

In this Moneycontrol Mega Exclusive, Union Minister Ashwini Vaishnaw reveals how India’s recent tax reforms aim to drive economic growth and uplift middle-class households: • How income-tax relief and GST rationalisation are easing burden on salaried families • Why household consumption is expected to climb by 10%, sparking a virtuous cycle of investment and growth • What GST cuts on electronics mean for aspirational upgrades in homes • The minister’s vision for empowering every family, every citizen Watch the full interview with the Railways, I&B, and IT minister on semiconductors, IT jobs, and more!

Do you have tax relief on personal loans? This is what the law says

Personal loans are not necessarily tax-deductible, but in some cases, you can claim benefits—depending on how you use the money.

NBFCs may get tax relief on senior citizens’ FD interest, GST exemption on co-lending fees

The government is, however, unlikely to concede on other NBFC demands, including reduction in the Rs 20 lakh SARFAESI threshold

Union budget allowing to declare two houses as 'self-occupied' is a big tax relief, will boost rental housing, say experts

Experts said that investors can now claim “Nil valuation” for two self-occupied properties, instead of just one - a positive move for residential real estate investment.

Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD

The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in infrastructure and employment, bolstering agricultural activities to enhance rural income, Marico Ltd MD & CEO Saugata Gupta said.

Tax Relief On Encashment Of Leaves Hiked For Non-Government Employees | Explained

If you are a workaholic, and have been working without taking many leaves and are planning to switch jobs or retire soon from a private company, the revenue authorities have good news for you. In accordance to the Budget announcement, govt has made the amount paid as leave encashment tax-free up to Rs 25 lakh. Watch the video to find out details of the recent changes in the policy.

Govt proposes tax relief for REITs, InVITS

While presenting the Union Budget on February 1, the government had proposed to tax income distributed by business trusts like REITs and InVITs in the form of debt repayments at the hands of unit holders.

Surat’s diamond merchants hope Budget 2022 will sparkle with tax cuts

After a bad pandemic year, the industry is recovering slowly and it needs the government to be more generous.

Union Budget 2021 |Pensioners over 75 years of age exempt from filing returns: FM Sitharaman

Senior citizens who only have pension income are exempt from filing income tax returns, said Nirmala Sitharaman in her budget speech.

PM Narendra Modi to invite top taxpayers to tea: Report

Top taxpayers will be hosted by either the prime minister or the finance minister.

Budget 2017: 5 taxation changes that could boost real estate

The real estate sector is expecting Budget 2017 to give greater relief to first time home buyers, more incentives on home loan and introduction of tax relief on home insurance

Indian iron ore exports needs tax relief to compete globally

Indian iron ore export mining industry, after its absence for four years from the international market, needs tax relief to compete globally, an industry official has said

Budget 2016: Insurance buyers should get more tax exemptions

Service tax on insurance premium should be abolished. Also income tax on annuities for annuitants above certain age should be tax free.

Budget 2016: Five things a common man expects from Union Budget 2016

More tax sops that leave more money in the hands of the average common man on the street are expected from Union Budget 2016

Budget 2016: Should make affordable housing the growth driver of real estate

Government has announcement many intitiatives for affordable housing sector so far. However it requires funding in the form of equity and debt capital. Union Budget 2016 can incentivise investments in affordable housing.

Relief for Vodafone in Rs 3700-cr transfer pricing dispute

After hearing Vodafone, the ITAT has stayed the tax demand for 6 months or till disposal of appeal, whichever is earlier.