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Total 154 results found. Search for [ income tax exemption for senior citizens ]

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BusinessToday.In
New Delhi, February 12, 2019
Tax relief for startups: Govt may exempt DPIIT-certified startups from angel taxThe government is considering giving complete exemption to startups from angel tax once they are certified by the Commerce and Industry Ministry, a move aimed at helping budding entrepreneurs, official sources said. Various startups have raised concerns on notices sent to them under the Section 56 of Income Tax Act to pay taxes on angel funds received by them. I-T Department unearths Rs 20,000 crore hawala, m...


Naveen Kumar and Renu Yadav
New Delhi, February 5, 2019
Here are the best options that you can use to optimise tax savings.


Naveen Kumar and Renu Yadav
New Delhi, February 5, 2019
Zero tax on taxable income of up to Rs 5 lakh to provide relief to a big section of the tax-paying population.


Divya Baweja, Anurag Jain and Tarun Garg
February 4, 2019
The salaried class has an additional reason to cheer as the limit of standard deduction, which was re-introduced last year, has been enhanced from Rs 40,000 to Rs 50,000.


BusinessToday.In
New Delhi, February 3, 2019
If you make right investments utilising several tax saving clauses under the Income Tax Act, you can save yourself from paying tax on up to Rs 10 lakh annual income.


PTI
New Delhi, February 3, 2019
The government has proposed to give full tax rebateto individuals having taxable annual income up to Rs 5 lakh with a view tobenefitting around 3 crore middle class taxpayers at an estimated revenuesacrifice of Rs 18,500 crore.


PTI
February 1, 2019



Renu Yadav
February 1, 2019
Interest from bank and post office deposits earned up to Rs 10,000 during a financial year was tax exempt. This limit has been increased from Rs 10,000 to Rs 40,000


Joe C Mathew
New Delhi, February 1, 2019
The question is, how much of these promises will be left to the next government to fulfill and how much of these will actually reach the beneficiaries in the next three to four months.


PTI
February 1, 2019



BusinessToday.In
New Delhi, February 1, 2019
The Narendra Modi's last Budget before the General Elections focuses on salaried and middle class, farmers, and the poor.


BusinessToday.In
February 1, 2019
Speculation was rife that it would be high on appeasing the middle-class, a significant vote bank as well as the biggest chunk of taxpayers, and Goyal certainly met expectations


BusinessToday.In
February 1, 2019
This being the Modi government's last budget before the general elections in summer, speculation is rife that tax sops, new schemes and tax changes are in the offing


BusinessToday.In
New Delhi, January 31, 2019
Salaried class may hope for a surge in the existing basic exemption limit from Rs 2.5 Lakh to Rs 3 lakh if not Rs 5 lakh, and many predict that Goyal will deliver this on February 1. Government may increase deduction limit under Section 80C from Rs 1.5 lakh to Rs 2 lakh.


Rajeev Dubey
New Delhi, January 30, 2019
Interim Finance Minister Piyush Goyal is likely to deliver a speech full of all the razzmatazz associated with Budgets-sops, new schemes, tax changes.


Homi Mistry and Niji Arora
January 29, 2019
Salaried individuals may hope for a surge in the existing basic exemption limit from Rs 2.5 Lakh to Rs 3 lakh for individuals less than 60 years of age, Rs 3.5 lakh for senior citizens.


Adhil Shetty
New Delhi, January 18, 2019
The government should consider increasing the tax deduction limit for housing loans, especially for buyers in metropolitan cities.


BusinessToday.In
New Delhi, January 15, 2019
Jaitley may double the income tax exemption threshold for the salaried from Rs 2.5 lakh currently to Rs 5 lakh and reinstate tax-free status for medical expenses and transport allowance.


Khyati Dharamsi
New Delhi, March 5, 2018
Indexation benefits make three-year FMPs a good bet.


BusinessToday.in
February 22, 2018
This is not to be confused with the deadline for filing taxes for the current financial year, which is on or before July 31. Last year this deadline was extended till August, but the gesture may not be repeated.


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