New Delhi [India], Feb 2 (ANI): The government on Sunday issued a clarification on the new definition of NRI, stating that "in case of an Indian citizen, who becomes deemed resident of India under this proposed provision (Finance Bill 2020) shall not be taxed in the country unless it is d
Thiruvananthapuram (Kerala) [India], Feb 2 (ANI): Kerala Chief Minister Pinarayi Vijayan on Sunday urged the Central government not to make changes in section 6 of the Income Tax Act asserting that it will prove to be counter-productive to the interest of the people from Kerala working in th
Bengaluru (Karnataka) [India], Feb 2 (ANI): BJP MP Tejasvi Surya on Sunday heaped praise on the Union Budget presented by Finance Minister Nirmala Sitharaman and thanked her for a "progressive attempt" to simplify the process of income tax.
New Delhi [India], Feb 2 (ANI): NCP leader Majeed Memon has said that the income tax relief for individual taxpayers in the Union Budget 2020-21 is just a "lollipop".
New Delhi [India] Feb 2 (ANI/NewsVoir): Finance Minister Nirmala Sitharaman on Saturday presented the second budget of the re-elected Modi government. Here are some industry-wise reactions to the Budget 2020-21.
Chamoli (Uttarakhand) [India], Feb 1 (ANI): Following the road blockade due to heavy snowfall, villagers here have carried a patient on their shoulders, walking almost 12 Kilometres before reaching a motorable road from where he was taken to the district hospital in a taxi.
New Delhi [India], Feb 1 (ANI): The tax exemption given to sovereign wealth funds for infrastructure development in the Union Budget 2020 will spur growth in the infrastructure sector, NITI Aayog CEO Amitabh Kant said on Saturday.
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman on Saturday said that government has come up with a new scheme of personal income tax while retaining the old structure as its intention is to reduce the rates and simplify the structure.
New Delhi [India], Feb 1 (ANI): The total expenditure has been pegged at Rs 30.42 lakh crore in the Union Budget for 2020-21, keeping in mind the government's commitment towards various schemes and the need for improvement in the quality of life.
New Delhi [India], Feb 1 (ANI): A Delhi court on Saturday asked BJP leader Subramanian Swamy to bring two documents relating to the complaint filed with the Ministry of Urban Development and Income Tax Department in connection with the National Herald case.
New Delhi [India], Feb 1 (ANI): Former Maharashtra Chief Minister and BJP leader Devendra Fadnavis on Saturday said that the Union Budget presented by Finance Minister Nirmala Sitharaman today has a futuristic vision and the government has taken a strong step against the tax terrorism.
New Delhi [India], Feb 1 (ANI): In order to simplify compliance, Finance Minister Nirmala Sitharaman on Saturday proposed to make the process of new and existing charity institutions registration completely electronic under which a unique registration number (URN) shall be issued to all.