Search For "tax relief"
Real Estate expects tax reliefs, increased funding and long awaited Indust
Updated : 1 year, 2 months ago IST
As the Union Budget approaches, leaders from the real estate industry have voiced their expectations, focusing on measures to revive affordable housing, streamline regulations, and enhance market demand.
Read More
Budget should reduce tax rates, raise personal income tax exemption limit
Updated : 1 year, 2 months ago IST
The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (
Read More
From MSP to tax relief: Key decisions of Modi 3.0 in its first 100 days fo
Updated : 1 year, 6 months ago IST
After taking office for a third consecutive term, the Modi 3.0 government has implemented several key initiatives in its first 100 days aimed at improving the livelihoods of farmers and the middle class.
Read More
PoGB: Sit-in protest intensifies, traders demand immediate tax relief
Updated : 1 year, 7 months ago IST
Traders in Pakistan-occupied Gilgit-Baltistan have ramped up their sit-in protests at Sost Dry Port, demanding the implementation of court orders that stopped tax collection by customs officials, local digital media outlet Voicepk.net reported.
Read More
BJP-led government has significantly liberalised income tax slabs, taken s
Updated : 1 year, 7 months ago IST
Finance Minister Nirmala Sitharaman, taking part in the discussion on the consideration and passing of Finance Bill 2024, observed that her government has been taking several decisions to provide relief to the middle class on the personal tax income front.
Read More
Cross-border traders hold sit-in against disregard of PoGB's court order o
Updated : 1 year, 8 months ago IST
The protest was organised to demand proper implementation of the PoGB Chief Court's orders over taxes.
Read More
CM Sukhu alleges partiality in Budget 2024, calls it a compulsion to appea
Updated : 1 year, 8 months ago IST
The Chief Minister said that the Union Budget has once again failed to address the pressing issues that plague our country, particularly unemployment, poverty, and rising prices. Though the increase in the allocation for interest-free loans to states to Rs 1.5 lakh crore from the existing a
Read More
Industry leaders hail Union Budget as roadmap of Viksit Bharat
Updated : 1 year, 8 months ago IST
The industry leaders said that the continued capital expenditure-led growth, like spending on infrastructure, and housing will spur growth. The industry leaders further added that the budget also provides some degree of demand stimulus by giving certain tax reliefs, particularly the middle c
Read More
Anarock suggests Centre to focus on affordable housing segment this Budget
Updated : 1 year, 8 months ago IST
With the Union Budget for 2024-25 set to be tabled on July 23, the real estate sector pins renewed hope on the Modi 3.0 regime. Expectations are high for tax reliefs and other sentiment boosters.
Read More
Want budget to provide relief in income tax, says Chandigarh resident
Updated : 2 years, 1 month ago IST
Chandigarh residents expressed their expectations from the upcoming budget.
Read More
Major personal income tax relief: Finance act 2023 amends section 87a, no
Updated : 2 years, 2 months ago IST
Ministry of Finance posted on X, "Benefits in Personal Income Tax! Vide Finance Act, 2023, Section 87A of the Income-tax Act, 1961 has been amended to allow rebate to tax resulting in no tax liability to persons having income up to Rs. 7 lakh. (1/5) #PromisesDelivered"
Read More
MoF issues Corporate Tax Decisions on Intra-Group Transfers, Determination
Updated : 2 years, 10 months ago IST
Younis Haji Al Khouri, Undersecretary of the Ministry of Finance, said, "The new decisions aim to simplify the process of determining taxable income in addition to providing tax relief for intra-group transfer of assets or liabilities between members of the same qualifying group or when carr
Read More