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You Searched For "income tax relief" and got 20 results


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3 mins read

Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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3 mins read

Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

PTI   


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6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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6 mins read

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

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3 mins read

Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist

Note that unless you specifically opt for the old regime, the new tax regime is considered as your …

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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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1 min read

Walking just half an hour every day, five days a week may be enough to relieve chronic lower back pain, study finds!

Chronic back pain is a debilitating condition affecting millions, but recent scientific research ha…

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3 mins read

Support like child tax credits and basic income reduces child abuse, researchers found

Doctors found that giving financial support to low-income families could lower rates of child negle…

Allie Kelly   


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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…

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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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4 mins read

Budget 2024: Here's what India's elderlies want

If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…

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2 mins read

The House passes a bill to give parents a boosted child tax credit and businesses tax relief

Families that are covered under the legislation could see their 2023 taxes cut by $680.

Juliana Kaplan,Ayelet Sheffey,Lloyd Lee   


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3 mins read

South Africa's cash giveaway plan is not universal basic income, experts say

A South African program would pay too little money to too few people to qualify as universal basic …

Theron Mohamed   


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2 mins read

RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity

Retailing in India accounts for about 10% of the country's GDP. In its memorandum, the retail assoc…

PTI   


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower   


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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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2 mins read

South Africa could be the first-ever country to provide a no-strings-attached universal basic income

The African National Congress said it would create a national universal basic income program within…

Kenneth Niemeyer   


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3 mins read

Have foreign assets or income? Not disclosing it may lead to heavy penalties

Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…

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2 mins read

Taxpayers with income marginally over ₹7 lakh to get relief under new tax regime

In a relief to taxpayers opting for the new tax regime, individuals earning a marginally higher inc…

PTI