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Prince Charles faces move to strip him of special legal privileges

Last Updated: Sunday, March 30, 2014, 21:51

Prince Charles is facing a campaign in the British parliament to strip him and his estate of special privileges including tax exemptions.

Tata trusts given irregular tax exemptions: CAG

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".

Budget 2013: BAI seeks hike in exemption limit on home loan interest

Last Updated: Sunday, February 24, 2013, 15:51

Builders' Association of India (BAI) on Sunday sought increase exemption limit on interest of home loans to Rs 3 lakh from the present Rs 1.5 lakh in the Union Budget to be presented next week.

Revenue foregone by govt due to tax exemptions double in 5 years

Last Updated: Tuesday, April 24, 2012, 19:54

The amount of revenue foregone by the government due to tax exemptions more than doubled from Rs 65,587 crore in 2006-07 to Rs 1,38,921 crore in 2010-2011, a CAG report said on Tuesday.