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Total 14 results found. Search for [ personal income tax revenue foregone ]

Results 1 to 14 of 14
Dipak Mondal
June 7, 2020
In a statement issued today, the revenue department says the growth trajectories of both arms of direct taxes - corporate tax and personal income tax - are intact and are rising steadily


Prasanna Mohanty
May 6, 2020
In the post-industrial democratic era, they have benefited immensely from the public provisioning of health and education that produces quality labour, infrastructure, natural resources, tax incentives, loan write offs (NPAs), bailouts, stimulus packages, and much more. Yet increasingly they use tax havens, shell companies and other tools to evade and avoid paying back


Prasanna Mohanty
February 19, 2020
A closer look at India's tax data reveals that the direct tax burden is much higher on relatively smaller taxpayers in both individual and corporate categories and that the larger taxpayers benefit more from tax incentives and deductions


Himanshu Patel
February 6, 2020
Budget 2020 taxes: Overall, it appears to be a balanced budget without rubbing the investors/taxpayers in the wrong way.The government has continued with its agenda of simplifying the tax structure for corporates and making it more transparent


Rajeev Dubey
New Delhi, February 2, 2020
Budget 2020: The FM gave a clarification about the purpose of new tax regime, which were--'reduce tax incidence' and 'remove all exemptions'


BusinessToday.In
February 1, 2020
Union Budget 2020: Individual taxpayers, corporates, common man, tax experts, everyone will be keenly watching the announcements made by the finance minister on the budget day


BusinessToday.In
February 1, 2020
Budget 2020: Although difficult, reduction in personal income tax is the most prominent item on wishlist for Budget this year


Dipu Rai
New Delhi, January 21, 2020
In the last quarter of the financial year, the government departments have been asked to cut one-fourth of their annual revenue expenditure. That's because almost every earning-side indicator is showing a shortfall over budget estimate


Dipak Mondal
January 17, 2020
The government estimates a revenue loss of Rs 75,000 crore due to Section 80-C exemptions in 2018-19, up from a revenue loss of Rs 65,000 crore in 2017-18


BusinessToday.In
New Delhi, December 2, 2019
The report says the full-year growth would be around 5 per cent, with a marginal recovery in Q3 and Q4; adds the RBI may announce more rate cuts of up to 25 basis points in its upcoming policy meet


BusinessToday.in
February 2, 2018
Apart from farmers and the gareeb nagrik, it is the older demographic that stands to gain the most from the latest Budget. To begin with, tax exemption of interest income from bank deposits has been raised to Rs 50,000 from the current Rs 10,000.


Sushmita Choudhury
New Delhi, February 1, 2018
Budget 2018 has been kinder to senior citizens, in order to allow them a \"dignified life\".  To begin with, tax exemption of interest income from bank deposits has been raised to Rs 50,000 from the current Rs 10,000.


BT Online
February 1, 2017
Finance Minister Arun Jaitley on Wednesday presented Union Budget 2017-18 in Lok Sabha. 


Mukesh Butani
New Delhi, January 24, 2017
The other key developments in 2016 include passage of Constitutional Amendment Bill for GST, dedicated action to deal with the menace of black money [Income Declaration Scheme, 2016 (IDS), amendment to Benami Property Transactions Act, etc.] and concentrated efforts to improve the tax administration.


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