Search For "tax exemption"
Rahul Gandhi writes to Finance Minister seeking adequate funding for ECHS,
Updated : 1 week, 3 days ago IST
Leader of Opposition in Lok Sabha Rahul Gandhi has written to Finance Minister Nirmala Sitharaman requesting action on two issues affecting armed forces personnel - adequate funding to the Ex-Servicemen Contributory Health Scheme (ECHS), and withdrawal of newly introduced income taxes on
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Sitharaman accuses Abhishek Banerjee of twisting facts, makes "syndicate,
Updated : 1 week, 3 days ago IST
Union Finance Minister Nirmala Sitharaman on Wednesday hit out at Trinamool Congress leader Abhishek Banerjee accusing him of twisting facts "known to everyone in the House" and rejected allegations by TMC MPs that West Bengal did not find s mention in the Union Budget, stating that "it i
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Budget announcements boost GIFT City's attractiveness: MD Sanjay Kaul
Updated : 1 month, 3 weeks ago IST
The Union Budget's proposals to extend tax exemptions send a strong signal to global investors and significantly strengthen GIFT City's position as an international financial services hub, said Sanjay Kaul, Managing Director and Group CEO of GIFT City, following the Budget announcement by
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Focus on long-term growth: Industry hails capex push and fiscal discipline
Updated : 1 month, 3 weeks ago IST
The industry has reacted with notable optimism, particularly regarding the scale of public spending. Amisha Vora, Chairperson & Managing Director of PL Capital - Prabhudas Lilladher, highlighted that the 24 Per cent rise in government capex is "huge" and noted the strategic importance
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New Income Tax Act likely to broaden tax base on simpler compliance
Updated : 4 months ago IST
The new Income Tax Act is expected to expand India's tax base by making compliance simpler and more accessible for individuals, institutions and exempt entities, Debjyoti Das, Principal Chief Commissioner of Income Tax (Exemption) told ANI today.
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GIFT City puts Gujarat on the global map
Updated : 5 months, 3 weeks ago IST
Backed by state-of-the-art infrastructure, incentives such as subsidies and tax exemptions, and a proactive policy framework, GIFT City is attracting global capital while positioning Gujarat as a major destination for international finance.
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Pak: Traders in PoGB continue sit-in despite conditional tax exemptions
Updated : 5 months, 3 weeks ago IST
Traders in Pakistan-occupied Gilgit-Baltistan (PoGB) vowed to continue their sit-in at Sost Dry Port despite a government deal capping tax exemptions at PKR 4 billion. Leader Javed Hussain told Dawn the settlement ignored PoGB's constitutional exemption, warning traders may adopt a "Plan C"
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PoGB: Traders sit-in protest on Karakoram Highway enters fourth week, bloc
Updated : 7 months, 2 weeks ago IST
A sit-in on the Karakoram Highway has blocked trade between Pakistan and China for 22 days. Protesters demand tax exemptions and clearance of stuck goods in Pakistan-occupied Gilgit-Baltistan. The government's federal committee will meet to resolve the issue, but protesters won't end the str
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Protest on Karakoram Highway disrupts Pakistan-China trade for 20 days ove
Updated : 7 months, 2 weeks ago IST
Protests on the Karakoram Highway have halted trade between Pakistan and China for 20 days, opposing taxation and customs delays in Pakistan-occupied Gilgit-Baltistan (PoGB). Protesters demand tax exemptions and clearance of stuck goods, warning of escalation if their legal demands are not m
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ITAT upholds Rs 199 crore tax demand on Congress, denies exemption
Updated : 7 months, 3 weeks ago IST
In a blow to Indian National Congress, Income Tax Appellate Tribunal (ITAT), Delhi Bench, has upheld a tax demand of Rs 199.15 crore for the assessment year 2018-19, rejecting the party's claim for exemption under Section 13A of the Income Tax Act.
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Income Tax Department cracks down on bogus claims of deductions, exemption
Updated : 8 months, 2 weeks ago IST
The Income Tax Department initiated a large-scale verification operation across multiple locations in the country on Monday, targeting individuals and entities facilitating fraudulent claims of deductions and exemptions in Income Tax Returns (ITRs).
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Centre grants tax exemption benefits to IREDA bonds
Updated : 8 months, 2 weeks ago IST
This will facilitate low-cost fundraising for renewable energy and offer capital gains tax exemption to investors.
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