Tag: Income Tax Exemption Limit
What not to do for tax exemptions, deductions to stay
What not to do for tax exemptions, deductions to stay: Financial Express
The Income tax Act, 1961 (the Act), provides for certain deductions [...]
Incomes not included under the Head Salaries (Exemptions) – Income Tax on Salaries Circular 17/2014
5.3 INCOMES NOT INCLUDED UNDER THE HEAD "SALARIES" (EXEMPTIONS)
Any income falling within any of the following clauses shall not be included in compu [...]
Deduction u/s 16, Chapter VI-A : Income Tax on Salaries Circular No. 17/2014
Deduction u/s 16, Chapter VI-A(80-C, 80CCC, 80CCD, 80CCG, 80D, 80DD, 80U, 80DDB, 80E, 80EE, 80GG, 80GGA, 80TTA) & 87A: Income Tax on Salaries Cir [...]
Definition of Salary, Perquisite and Profit in lieu of Salary (Section 17): Income Tax on Salaries Circular No. 17/2014
5.2 DEFINITION OF “SALARY”, “PERQUISITE” AND “PROFIT IN LIEU OF SALARY” (SECTION 17):
Click to view Part I
Income Tax on Salaries - Ci [...]
Computation of Income Tax – Income Chargeable Under the Head Salaries: Income Tax on Salaries Circular 17/2014
5. COMPUTATION OF INCOME UNDER THE HEAD "SALARIES"
5.1 INCOME CHARGEABLE UNDER THE HEAD "SALARIES":
Click to view Part I
Income T [...]
Arun Jaitley Against High Income Tax Rate to Raise Revenues
Arun Jaitley Against High Income Tax Rate to Raise Revenues
By PTI
NEW DELHI: Ahead of the budget, Finance Minister Arun Jaitley today said the NDA [...]
Parliamentary Standing Committee on finance calls for total overhaul of Income Tax exemptions
House panel calls for total overhaul of I-T exemptions: Financial Chronical News
Concerned over ever increasing revenue foregone due to income tax ex [...]
IT exemption for differently abled persons
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
RAJYA SABHA
QUESTION NO 1010
ANSWERED ON 02.12.2014
IT exemption for differently abled [...]
PFRDA will soon approach FM seeking tax exemption for withdrawals under the NPS
Pension regulator to pitch for tax break on NPS withdrawals
Pension regulator PFRDA will soon approach Finance Ministry seeking tax exemption for w [...]
Negation of the promises – Granting Interim Relief/Merger of DA, LTC by Air and Exemption of Income Tax
Negation of the promises – Granting Interim Relief/Merger of DA, LTC by Air and Exemption of Income Tax
Negation of the promises
Top leaders of th [...]