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Total 664 results found. Search for [ income tax exemption limit ]

Results 1 to 21 of 664
Ashutosh Kumar
May 7, 2021
All hospitals, nursing units, dispensaries and COVID care centres will be able to accept cash over Rs 2 lakh from the patient's family. The exemption will be applicable on all transactions between April 1 and May 31


BusinessToday.In
March 31, 2021
Income tax rule changes: Union Finance Minister Nirmala Sitharaman had announced new income tax rules in her Union Budget 2021 speech


Aprajita Sharma
March 16, 2021
Sensex surged to an all-time high on February 16, 2021. Many of you must have incurred handsome gains in your equity portfolio. Now is the time to take stock of it and apply some tax planning hacks to reduce your tax outgo on booked profits


Dipak Mondal
February 21, 2021
According to the Income Tax department, the group is in the practice of buying large chunks of land parcels in piecemeal and aggregating them


Avneet Kaur
New Delhi, February 18, 2021
Planning last-minute investments to save taxes? Here's what all you can do


BusinessToday.In
February 16, 2021
A ULIP is an investment product that offers you the dual benefits of life insurance and market linked wealth accumulation.


BusinessToday.In
February 13, 2021
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Avneet Kaur
February 12, 2021
A senior citizen enjoys a higher exemption limit compared to non-senior citizens. While the exemption limit for the financial year 2020-21 available to a non-senior citizen is Rs 2.50 lakh, a senior citizen may avail an exemption up to Rs 3 lakh


Dipak Mondal
February 9, 2021
The government had raised the threshold income for paying tax to Rs 5 lakh in the interim budget of 2019. According to data from the income tax department, there were 8.04 crore individual taxpayers in assessment year 2018-19 of which 5.95 crore filed returns


PTI
February 7, 2021
Union Minister Ravi Shankar Prasad said the budget should be seen in the context of the COVID-19 pandemic and the announcement of Rs 27 lakh crore Atma Nirbhar Bharat scheme


Ajita Shashidhar
February 3, 2021
Stakeholders of the handloom industry say that the setting up of textile parks will not help in pulling the handloom weavers from the clutches of unemployment and poverty


BusinessToday.In
February 1, 2021
The time-limit for re-opening of assessment is being reduced to 3 years. Originally this was six years. Re-opening of assessment up to ten years will be allowed only if there is evidence of undisclosed income of  Rs 50 lakh (or more) for a year


BusinessToday.In
February 1, 2021
Uday Kotak, the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, hailed the focus on healthcare, infrastructure and financial sectors


BusinessToday.In
February 1, 2021
The Budget ticked all the right boxes which would strengthen the path of recovery of the economy. This is a budget catering to all aspects of lives, livelihoods and growth, said Kotak


BusinessToday.In
February 1, 2021
Union Budget 2021 highights: A new centrally sponsored scheme, PM Atma Nirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64,180 crore over six years


BusinessToday.In
February 1, 2021
Budget 2021: On Agriculture Infra Cess, the FM clarified that it won't result in a price increase for people and added that higher cess has been adjusted with lower customs duty


BusinessToday.In
February 1, 2021
The government has proposed to reduce deadline for filing belated, revised ITR by three months from March 31 of the relevant assessment year to December 31 of the assessment year


BusinessToday.In
February 1, 2021
Union Budget 2021: Big Announcements by Finance Minister Nirmala Sitharaman in her third Budget speech; here are 10 main points


Anwesha Madhukalya
February 1, 2021
Budget 2021: No changes in ncome tax slabs, PPF limit, Section 80C exemption were announced by the Finance Minister


BusinessToday.In
February 1, 2021
In a major move, FM Sitharaman reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years


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