Tag: Income Tax Exemption Limit

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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 [...]

Rajiv Gandhi Equity Savings Scheme (RGESS) : Operational Features approved by FM

Ministry of Finance 21-September, 2012 Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS) The [...]

Exemption of Salaried Employees from Requirement of Filing of Returns for Assessment Year 2012-13

Central Board of Direct Taxes (CBDT) vide its Notification No. 9/2012 dated 17th February, 2012 has exempted salaried employees from the requirement o [...]
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