Income-tax exemption for payment of deemed LTC fare for non-Central government employees
The government has recently allowed payment of cash allowance equivalent to LTC fare to Central employees subject to fulfilment of certain conditions.
Oct 29, 2020, 21:05 PM IST
Decision on Income tax relief will be taken at right time: MoS Finance Anurag Thakur
The Narendra Modi government will take a decision on raising the income tax exemption limit at an appropriate time, Minister of State for Finance Anurag Singh Thakur said on Thursday.
Sep 26, 2019, 18:31 PM IST
Niti Aayog suggests retaining tax exemption limit at Rs 2.5 lakh
Niti Aayog on Thursday suggested the government should retain the income tax exemption threshold at Rs 2.50 lakh, and take steps to prevent non-farm entities from declaring their earnings as agri income.
Aug 24, 2017, 23:22 PM IST
Double I-T exemption limit to Rs 5 lakh: Deloitte survey
Finance Minister Arun Jaitley should double the basic income tax exemption limit to Rs 5 lakh per year and raise the ceiling for claiming deduction under Section 80C to Rs 2.50 lakh, according to a survey by tax consultant Deloitte.
Jan 01, 2017, 10:48 AM IST
Black money: Election Commission seeks ban on anonymous contributions to political parties above Rs 2000
There is no constitutional or statutory prohibition on receipt of anonymous donations by political parties.
Dec 18, 2016, 15:45 PM IST
Demonetisation: Currency deposits up to Rs 2.5 lakh may still fall under Income Tax scanner
Even the deposits of demonetised notes of Rs 500 and Rs 1,000 up to Rs 2.5 lakh are going to come under the scanner of tax authorities.
Nov 28, 2016, 10:11 AM IST
India to unveil budget under pressure to deliver reforms
Prime Minister Narendra Modi`s right-wing government will unveil its first full budget on Saturday, a day after announcing the time was ripe for long-awaited reforms to kickstart the economy.
Feb 28, 2015, 04:21 AM IST
