Tag: Income Tax Exemption Limit
Income Tax Exemption for children School fees, education loan and health costs
Some of the deductions claim for investments made in children's names. Most of these deductions fall within the investment limit of Rs 1 lakh, under [...]
Donations to Kashi Vishwanath temple will now get 100 per cent tax exemptions
Donations to the famous Kashi Vishwanath temple in Varanasi would now get 100 percent income tax exemption, an official spokesperson of the state go [...]
Income Tax provisions in Union Budget 2013-14
FINANCE BILL, 2013
PROVISIONS
RELATING TO DIRECT TAXES
Introduction
The provisions
of the Finance Bill, 2013 relating to direct taxes seek [...]
Rajiv Gandhi Equity Savings Scheme(RGESS) Liberalised – Income limit raised upto 12 lakh
Ministry of Finance28-February, 2013
Rajiv Gandhi Equity Savings Scheme(RGESS) Liberalised
The Finance Bill 2013-14 proposes liberalisation of [...]
Budget 2013: Exempt DA from income tax, Increase IT Exemption Limit to Rs. 5 lakh – Says NMC
JAMMU: National Mazdoor Conference (NMC) is seeking exemption of Dearness Allowance from the ambit of income tax as DA is directly linked with the p [...]
Raise I-T Exemption Limit to Rs. 4 lakh: Congress Leaders
Raise I-T exemption limit to Rs 4 lakh: Cong
NEW DELHI, Feb 14, 2013
In a pre-budget meeting with Finance Minister P Chidambaram here on Thursday, C [...]
12% interest on PF & hike in Income Tax Exemption Limit to Rs. 5 Lakh: Trade Union demanded to FM
Trade unions today demanded 12% interest on PF contributions of employees and a hike in income tax exemption limit to Rs 5 lakh in their pre-budget [...]
30% tax above 20 Lakh, Standard Deduction 50 thousand, 2 Lakh exemption under 80C etc.: FICCI Demanded
Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) has submitted following demands/suggestions in pre-budget [...]
DTC may bring relief on Income Tax Rates
Chidambaram assures that on tabling the Bill Parlianment will abide by all recommendations of the standing committee
After the Direct Taxes Code [...]
Exemption of Transport Allowance from the purview of Income Tax- Enhancement of exemption limit from Rs. 800/- to Rs. 3200/- plus D.A. thereon
Railway Board, Ministry of Railways has requested to Ministry of Finance for enhancing exemption of Transport Allowance from the purview of Inc [...]