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Income Tax

IT Exemption Slab Could be Raised Further: Fin. Minister Arun Jaitley Informs

November 25, 2014

Income Tax Exemption Slab Could be Raised Further: Finance Minister Arun Jaitley Informs “I have no intention of burdening the salaried and middle classes by imposing heavy taxes on them. At the same time, I’m not going to let tax evaders get away. I’m going to bring them into the tax-payers … [Read more...] about IT Exemption Slab Could be Raised Further: Fin. Minister Arun Jaitley Informs

Income Tax exemption limit may raise further – Finance Minister

November 23, 2014

Income Tax exemption may raise further – Finance Minister May raise tax exemption limit further: Arun Jaitley NEW DELHI: Finance minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the … [Read more...] about Income Tax exemption limit may raise further – Finance Minister

Tax exemption for withdrawals under the National Pension System (NPS)

October 16, 2014

PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), Pension regulator to pitch for tax break on NPS withdrawals Pension regulator PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National … [Read more...] about Tax exemption for withdrawals under the National Pension System (NPS)

Centre considering cancellation of Ration Card Supplies for Tax Payers

October 13, 2014

Centre considering cancellation of Ration Card Supplies for Tax Payers Centre considering cancellation of Ration Card Supplies for Tax Payers Ram Vilas Paswan, the Minister for Consumer Affairs, Food and Distribution, has said that the Centre is giving serious thoughts about canceling the … [Read more...] about Centre considering cancellation of Ration Card Supplies for Tax Payers

“Pay Taxes with Fine” – Notice to Government Employees

September 20, 2014

“Pay Taxes with Fine” – Notice to Government Employees Since the amount deducted from the government employees was not transferred to the Income Tax department properly, the government has now sent notices to employees to pay income taxes with penalty. Not surprisingly, the government employees … [Read more...] about “Pay Taxes with Fine” – Notice to Government Employees

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