Tag: Income Tax Exemption Limit
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 [...]
More Tax Saving Option other than Section 80C
Most taxpayers are aware of the deductions available under Section 80C, the tax benefits of medical insurance and the advantages of a home loan. But [...]
Direct tax code to be made operational by 2013
Union Finance Minister Pranab Mukherjee on Saturday said the Direct Tax Code (DTC) would be made operational by next year.
Speaking at the post-bu [...]
Final report on Income tax submitted by Parliamentary Committee
The parliamentary panel of Parliamentary standing committee on finance headed by former FM Shri Yashwant Sinha has submitted its final report to help [...]