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Limit Of Tax Exemption

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Kejriwal releases 7-point 'manifesto' for middle class

Aam Aadmi Party national convenor Arvind Kejriwal on Wednesday announced a seven-point "manifesto" for the country's middle class, saying they have been neglected by successive governments and are......

How you can get up to Rs 7 lakh+ tax exemption

Salaried employees get several benefits under Sections 80C, 80D, 80G and others.Sanjay Kumar Singh and Priya Nair tell you how to invest wisely.Illustration: Dominic Xavier/Rediff.com For many......

Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

SC recalls its verdict on indirect taxes from duty free shops at airports

In a significant development, the Supreme Court Friday recalled its April 10 verdict by which it had held that duty free shops at arrival and departure terminals at international airports are......

Tax exemption to be hiked to Rs 3 lakhs soon?

Ahead of the Budget, a Parliamentary panel that scrutinised the Direct Taxes Code Bill has suggested that Income Tax exemption limit be raised to Rs 300,000 per annum, and the investment limit......

Budget: Govt may hike tax exemption limit

Taxpayers can expect some relief from high inflation in Budget 2011-12 as the government may raise the income tax exemption limit for individuals. "Finance Minister Pranab Mukherjee is alive to......

Tax exemption limit raised to Rs 2.5 lakh

Salaried class has got something to cheer with Finance Minister Arun Jaitley raising tax exemption limit to Rs 250,000 from Rs 200,000, providing a relief of Rs 5,000. "I propose not to make any......

Tax exemption limit under 80C may be hiked to Rs 2 lakh

Seeking to boost household savings, the Finance Ministry is considering doubling the exemption limit for investments by individuals in financial instruments to Rs 200,000. Presently the investments......

Home loan tax exemption may be raised

The government is trying to encourage lending to breathe fresh life into the real estate and banking segments, which are currently coping and bouncing back from the ill effects of a realty market......

ICC-BCCI deadlock on tax exemption issue likely to continue

Tax exemptions for future global events, broadcasting rights for the World Test Championship and capping participation in private T20 leagues are among the issues that will come up for discussion......

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