Last Updated: Friday, December 13, 2013, 18:05
Moreover, the CAG added, in some cases "they did not fully utilised ... Proceeds for acquiring capital assets. The ITD allowed exemption irregularly in these assessments completed after scrutiny".
Last Updated: Thursday, December 05, 2013, 13:55
In conversation with <b>Reema Sharma</b> of ZeeBiz.com <b>Tarun Gupta</b>, Managing Director, Mangla Consulting explains the details of how to go about claiming the HRA exemption.
Last Updated: Saturday, November 23, 2013, 11:51
Many employees are finding it difficult to arrange for the new formalities while claiming their HRA exemption.
Last Updated: Friday, September 20, 2013, 19:41
The Finance Ministry on Friday clarified that "auxiliary educational services" like hostels, canteen and school buses will not attract 12 percent service tax.
Last Updated: Friday, September 06, 2013, 16:02
The chamber also urged the Commerce Ministry to provide customs duty exemption for operation and maintenance vis-a-vis authorised operations in non-processing area.
Last Updated: Thursday, August 22, 2013, 09:00
The exemption limit at Rs 2 lakh for individual tax payers is unlikely to be touched, but a new slab of 35 percent may be introduced for the super-rich.
Last Updated: Sunday, April 28, 2013, 12:57
Bihar Deputy Chief Minister Sushil Modi has asked the Centre to remove the clause in the Finance Bill 2013 that seeks to disallow state PSUs from availing income tax exemption on fee and royalty paid by them to state governments.
Last Updated: Wednesday, February 13, 2013, 14:32
Over 89 percent of respondents said the slab of tax free income has not moved up in line with real inflation.
Last Updated: Wednesday, January 16, 2013, 11:02
Petrol price in Delhi has been hiked by 32 paise per litre from Wednesday as the state government withdrew VAT exemption on the fuel.
Last Updated: Tuesday, January 08, 2013, 22:54
Trade unions have demanded 12 percent interest on PF contributions of employees and a hike in income tax exemption limit to Rs 5 lakh in their pre-budget meeting with Finance Minister P Chidambaram.
Last Updated: Thursday, January 03, 2013, 20:49
Trade unions Thursday demanded 12 percent interest on PF contributions of employees and a hike in income tax exemption limit to Rs 5 lakh in their pre-budget meeting with Finance Minister P Chidambaram.
Last Updated: Sunday, December 02, 2012, 18:39
Ten main political parties of the country had a whopping Rs 2,490 crore of tax-exempted income in the last five years, according to information from the Income Tax department through an RTI plea.
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