Search For "tax exemption"
Budget 2023: Income tax rebate limit increased, no tax on income up to Rs
Updated : 3 years, 1 month ago IST
In her Budget speech finance minister Nirmala Sitharaman also proposed to change the tax structure in this regime by reducing the number of slabs to 5 and increasing the tax exemption limit to Rs 3 lakh.
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Idle gold for an ideal economy?
Updated : 3 years, 2 months ago IST
New Delhi [India], January 17 (ANI/Mediawire): Bestowed with individuals holding nearly 25,000 tons of yellow metal, India has a tall opportunity to spin the wheel of the economy. With individuals alone holding 25,000 tons of yellow metal worth USD 1.5 trillion, India has a tall opportunity
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Tax-exemption for Appu's 'Gandhadha Gudi' movie, says CM Bommai
Updated : 3 years, 5 months ago IST
The chief minister of Karnataka, CM Bommai announced tax exemption on late actor Puneeth Rajkumar's film 'Gandhadha Gudi' which is based on the protection and conservation of flora and fauna and is all set to hit the theatres on October 28, 2022.
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Pak netizens protest tax exemptions to military officers on import of bull
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 24 (ANI): Pakistani netizens are protesting on social media against the Pakistan government for providing tax exemptions on the import of bullet-proof vehicles by the top brass of military officers, media reports said.
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Impasse in Pakistan over diplomats' tax exemptions, allowances
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 27 (ANI): Due to the constraints by International Monetary Fund in view of Pakistan's crippled economy, the country's government has once again failed to restore the income tax exemption and allowances for Pakistani diplomats posted abroad, media reports said.
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Pakistan potential tax gap stands at PKR 3,000 billion
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 23 (ANI): Pakistan's Federal Board of Revenue chief Asim Ahmad has said that the potential tax gap stands at PKR 3,000 billion on an annual basis mainly in the shape of tax exemptions for powerful lobbies, massive tax evasion, and the inability of the machinery to
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ECI's action against 2,100 parties 'cleanup of NPA's in political space'
Updated : 3 years, 10 months ago IST
New Delhi [India], May 26 (ANI): Action against over 2,100 registered unrecognised political parties (RUPPs) for non-compliance with statutory requirements, especially related to income tax exemptions and filing of audited reports, is a cleanup exercise of the non-performing assets (NPA) in
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Graded action to be initiated against over 2,100 unrecognised political pa
Updated : 3 years, 10 months ago IST
New Delhi [India], May 25 (ANI): The Election Commission of India (ECI) on Wednesday said it has initiated action against over 2,100 registered unrecognised political parties (RUPPs) for non-compliance with statutory requirements, especially related to income tax exemptions and filing of
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Pakistan approves tax exemption on payment to Chilean firm in Reko Diq cas
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], April 1 (ANI): The Pakistan government has approved the tax exemption on the payment of USD 900 million to Chile's firm, Antofagasta, under an exit deed for the settlement of the Reko Diq dispute.
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Farm distress rising in Pakistan due to tax policies to gain IMF loan
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 17 (ANI): Farm distress is on the rise in Pakistan with various groups staging protests in multiple cities as the Imran Khan government has withdrawn all tax exemptions and imposed fresh taxes to fulfill International Monetary Fund's demand to receive the loan,
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Basic income tax exemption limit of Rs 2.5 lakh may be raised in Budget 20
Updated : 4 years, 2 months ago IST
New Delhi [India], January 21 (ANI): Basic income tax exemption limit, which currently stands at Rs 2.5 lakh, is likely to be raise in the Union Budget 2022-23, according to a pre-budget survey conducted by KPMG.
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Pakistan's draft finance bill approval a challenging task: Report
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 28 (ANI): Approval of the draft finance bill envisaging not only the withdrawal of sales tax exemptions amounting to 330 billion rupees and granting autonomy to the State Bank of Pakistan (SBP) from the Cabinet and then the Parliament is going to be a challengi
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