Delhi HC sets aside CIC's order to provide RTI information of tax exemption to PM Cares fund

Jan 22, 2024

The Delhi High Court on Monday set aside the Central Information Commission's (CIC's) direction to the Income Tax Department to provide RTI information and...

Tax exemption to continue on salary income by NRIs in Gulf: Sitharaman

Apr 01, 2021

New Delhi [India], April 1 : Union Finance Minister Nirmala Sitharaman on Thursday said that salary income earned by non-resident Indians in Gulf countries...

Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till Jan 31: Centre

Feb 07, 2023

As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).

Basic income tax exemption limit of Rs 2.5 lakh may be raised in Budget 2022: KPMG survey

Jan 21, 2022

New Delhi [India], January 21 : Basic income tax exemption limit, which currently stands at Rs 2.5 lakh, is likely to be raise in...

Impasse in Pakistan over diplomats' tax exemptions, allowances

Jul 27, 2022

Islamabad [Pakistan], July 27 : Due to the constraints by International Monetary Fund in view of Pakistan's crippled economy, the country's government has once...

Assam Tea completes 200 years: Govt grants tax exemption on agricultural income for period of 3 years

Jun 10, 2023

The decision was taken during the state cabinet meeting held at Janata Bhawan in Guwahati under the Chairmanship of Chief Minister Dr Himanta Biswa...