More tax concessions when economy improves: Finance Minister

Finance Minister Arun Jaitley today promised more concessions in income tax when the economy improves.

EC seeks cancellation of tax benefits to 10 political parties

The Election Commission has sought withdrawal of tax exemption benefits to ten political parties from the CBDT on the grounds that they failed to submit their mandatory expenditure contribution reports on time to the poll body.

Finance committee says tax exemptions to ICC unjustified

The Rs 45 crore tax exemption given to the ICC on the revenue generated from this year`s cricket World Cup here was "unjustified and devoid of merit".

Raise tax exemption limit for salaried class: NMC

National Mazdoor Conference appealed to Centre to immediately raise the income
tax exemption limit from Rs 1.80 lakh to Rs 3 lakh for
salaried class.

Man gets tax exemption on ransom paid to kidnapper

MP businessman Sukhanandan Jain filed the amount he had paid as rasom, under `general expenses` and
claimed income tax deduction on it.

Maha told to reconsider tax exemption given to Jackson show

Observing that there was `malafide
intention` in granting entertainment tax exemption to Micheal Jackson show, the Bombay High Court on Wednesday directed Maharashtra government to reconsider the application for exemption.

Budget on track, but could have been bolder

Pranab`s Budget was high on intention but much less on action... an analysis.

Budget on track, but could have been bolder

Pranab`s Budget was high on intention but much less on action... an analysis.

Trade unions ask FM to curb price rise, hike tax exemption

Trade union leaders in the pre-Budget consultation with Finance Minister Pranab Mukherjee on Thursday demanded reigning in prices of essential items and increasing exemption limit on income tax to 2 lakhs.

Old settlers seek cut off year for migrants for tax exemption

The Sikkim Nationalist Peoples
Party (SNPP) on Wednesday urged the Sikkim government to announce a cut off year for migrants in the state to avail the benefit of
income tax exemption.