Union Budget 2023: Insurance sector demands lowering of GST, larger deduction limit for health insurance premiums
Additionally, in the health insurance category, there should be a larger deduction limit for health insurance premiums in Section 80D of the Income Tax, says Insurance sector.
Jan 12, 2023, 09:28 AM IST
Budget 2023: PAN card may not be required for THESE transactions soon-- Details inside
Some banks want the Income Tax Act to be changed in order to eliminate the confusion and needless duplication that the current system causes.
Dec 24, 2022, 12:46 PM IST
A ration shop for raw materials: MSME Association Budget 2023 wish
One of the budget wish lists of AIE is the abolition of capital gains tax enabling the micro-entrepreneurs to sell their property to regularise their loan accounts, settle their suppliers, and reinvest in the business.
Nov 28, 2022, 12:31 PM IST
PwC seeks scrapping of minimum alternate tax in Budget
Consultancy firm PwC has called for removal of minimum alternate tax (MAT) in the coming budget as a sop for the IT industry.
Jul 05, 2014, 18:09 PM IST
Bring policy to check API import from China: IPA to govt
The India Pharmaceuticals Association (IPA) urged the Finance Ministry to come up with a policy framework with regard to incentives to drug innovation and ease dependence on import of essential APIs (Active pharma ingredients) from China.
Jul 05, 2014, 17:01 PM IST
CREDAI seeks tax sops on affordable homes, lower interest rate
Realtors body CREDAI Monday sought tax incentives on development of affordable housing projects and interest rate reduction on home loans to below 7 percent in their budget wish-list to boost growth in the sector.
Jun 30, 2014, 21:46 PM IST
FHRAI asks govt to rationalise taxes in hospitality sector
FHRAI also said the GST should subsume, without any exceptions, all central and state-level indirect levies (including luxury tax, entry tax etc) and a composite tax rate applicable to the tourism sector under GST to be capped at 8 percent.
Jun 10, 2014, 16:09 PM IST
