Search For "exemptions"
Life Insurance Tax Benefits
Updated : 11 months, 3 weeks ago IST
New Delhi [India], March 24: Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits. There are different tax deductions and exemptions offered by the Indian government under the Income Tax Act, 1961. By understanding these
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CBDT issues clarification on exemptions from Principal Purpose Test in Dou
Updated : 12 months ago IST
The Central Board of Direct Taxes (CBDT) has issued a circular aimed at to offer guidance on the application of the Principal Purpose Test (PPT) provision under India's Double Taxation Avoidance Agreements (DTAAs).
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IMF denies Pakistan's request for tax exemptions on foreign investment pro
Updated : 1 year ago IST
The International Monetary Fund (IMF) has turned down Pakistan's request for tax exemptions on foreign investment projects, as reported by the Express Tribune.
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MCD denies property tax exemption claims for Delhi residents
Updated : 1 year ago IST
The Municipal Corporation of Delhi (MCD) has clarified that all property owners and occupiers must pay property tax as per existing laws, dismissing any claims of exemptions for Delhi residents.
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Understanding Long-Term Capital Gains Tax on Property and How Real Estate
Updated : 1 year ago IST
New Delhi [India], February 26: The Indian tax system can often feel complex, with multiple laws and exemptions and a clear understanding of these can make a significant difference in one's earnings. This is especially true in the case of capital gain tax, where taxpayers are mandated to pay
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We gradually healed the wounds of middle class: PM Modi on new tax exempti
Updated : 1 year, 1 month ago IST
"In the last 10 years, we have enhanced savings of the middle class by reducing Income Tax. Before 2014, such 'bombs' were hurled and 'bullets' were shot, that it affected the lives of people. We gradually healed those wounds and moved forward," the PM said.
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Budget 2025: India Pharmaceutical Alliance welcomes exemptions, concession
Updated : 1 year, 1 month ago IST
IPA General Secretary Sudarshan Jain lauded the efforts of the government through infrastructure development and improved patient access.
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Budget 2025: Jayant Sinha suggests tax exemptions for individuals earning
Updated : 1 year, 1 month ago IST
In the run-up to the Budget for 2025-26, former BJP MP and financial market observer, suggested that individuals earning up to Rs 10 lakh per annum should enjoy the benefits of tax exemption.
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Budget 2025: SBI urges higher healthcare spending, uniform GST on medical
Updated : 1 year, 1 month ago IST
As the Union Government gears up for Budget 2025, a report by State Bank of India stated that the government should give significant focus to revitalizing the insurance and healthcare sectors in the country.
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US House of Representatives passes US-Taiwan Double Taxation Relief Bill
Updated : 1 year, 1 month ago IST
The US House of Representatives passed a bill on January 15 that aims to reduce tax payments, prevent double taxations and provide tax exemptions for Taiwanese businesses, residents and employees in the US, Focus Taiwan reported.
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Delhi Excise Policy Case: CAG report reveals loss of Rs 2,026 crore
Updated : 1 year, 2 months ago IST
Of the losses worth Rs 2,026 crore to the state exchequer, the loss of Rs 890 crore resulted from the government's failure to re-tender the surrendered licenses before the policy period concluded, according to the report. Moreover, exemptions granted to the zonal licenses led to the loss of
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"Masterstroke": Maharashtra CM Shinde says toll exemption for LMVs "will s
Updated : 1 year, 5 months ago IST
Giving details about the decision, Maharashtra minister Dadaji Dagadu Bhuse told reporters that light vehicles will be exempted from toll after midnight today.
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