Apart from long pending demands of hike in limits under Sections 80-C and 80-D of Income-tax Act, they also expect COVID-linked tax concessions, more attractive new tax regime and simplified capital gains structure

The DoPT said it had been receiving requests for grant of one-time relaxation for reimbursement of cancellation charges.

Tax policies must adapt to changing times to provide buoyancy and enable companies to undertake business in a time-bound and efficient manner

Even though the government is staring at a gaping hole on the revenue front in the current financial year due to the pandemic, tax practitioners are expecting tax relief under multiple heads in the estimates for 2021-22

While the urgent requirement is to revive demand and consumption, measures for improving India's competitiveness are important for long-term sustainability and economic prosperity

Public-private partnership (PPP) models have failed to take off in most infrastructure sectors - save for airports and roads - as private entities have had to bear the bulk of the risks in these models

While measures announced by the government in 2020 to kickstart the economy have been in right direction, the real estate sector is hoping for upcoming Budget to give a shot on the arm for the beleaguering sector

Global real estate consultant Knight Frank India chairman and managing director Shishir Baijal in a pre-budget wish demanded A separate annual deduction of Rs 150,000 that will provide the much-needed fillip to opt for house purchase

The pandemic has completely changed the dynamics of the Indian healthcare ecosystem, NATHEALTH President and Apollo Hospitals Executive Vice-Chairperson Preetha Reddy said

Budget 2021: Multiple associations and experts have opined that the Section 80C limit must be increased. However, most have suggested almost doubling the limit

Budget 2021 would be unprecedented in many ways, as the government would have to focus on providing stimulus packages to revive the economy, while also identifying other avenues of revenue to bridge the widening fiscal deficit

Following the outbreak of Covid pandemic early last year, many companies adopted a work from home policy for their employees

Given the skewed finances of the central government owing to the COVID-19 pandemic, there is no elbow room at all to provide any relief to the common taxpayer

If you are looking for hassle free retirement planning with a disciplined approach to it, SBI Retirement Benefit Fund could be a good option. The five-year lock-in will ensure that you stay committed to your retirement goal

The Budget 2021 is much awaited from taxpayers' point of view, who expect COVID-19-linked relief in income tax for the financial year 2020-21. Saraswathi Kasturirangan, Partner, Deloitte India expects the government to announce some tax deductions on expenses that the employees may have incurred during work-from-home such as phone bills or utility costs. Speaking to Business Today's Aprajita Sharma, Kasturirangan also talked about how the tax relief under section 87-A needs a revision, if tweaking the income tax slab structure is not an option. She made a case for offering some tax exemptions under the new tax regime and cautioned a COVID-19 cess, beyond health & education cess, of 4 per cent would not be a great idea. Watch the video for more.

Confederation of Real Estate Developers' Associations of India, which has around 20,000 members from across the country, also recommended tax incentives to boost investment in Real Estate Investment Trusts (REITs)

How the FM can make it a 'never before' Budget. Top experts weigh in

Traders' body FAIVM advocated levying income tax on partnership firms and limited liability partnerships at 22 per cent instead of the present 30 per cent, bringing it at par with corporate tax rate

The alert has been issued by LIC India in light of the recent incidents of telemarketing frauds

As per the finance ministry, more than 170 invitees representing 9 stakeholder groups participated in 15 Pre-Budget consultation meetings scheduled between December 14 to 23