Page 2 - Tax Exemption

Top headlines: Microsoft, Telangana seal deal; Budget may give tax breaks

Microsoft and the Telangana government have finalised a deal to set up a Rs 15,000-crore data centre in Hyderabad

Insurers seek hike in tax exemption for higher adoption of pure risk plans

Currently, under Section 80C of the Income Tax Act, an individual can claim a deduction of the life insurance premium paid from his/her taxable income

Tribunal sets aside I-T order denying charitable entity status to BCCI

Rejects tax authorities' argument that IPL is a money-making exercise disguised as cricket promotion

Odisha announces full tax exemption for EVs, registration fee waiver

The exemption, granted under the Odisha Motor Vehicles Taxation Act, is applicable till 2025

Centre exempts tax on expenses incurred for Covid-19 treatment

This exemption is applicable to any amount paid by the employer, and limited to Rs 10 lakh if received from any other person, the finance ministry notified

Invest in spouse or child's name to avail of exemption, say analysts

Both Sections 54 and 54F allow taxpayers to claim exemption from tax on long-term capital gains

Budget new rules on holding firms queer pitch for sovereign, pension funds

A proposed regime requiring investments through holding companies may have tax implications, say experts

Budget sops may spur up to 10% Mauritius funds to relocate to IFSC

Experts say while global funds may want to consider shifting their India portfolios to IFSC, the move would result in splitting the fund into two, which may not be acceptable to investors

Taxes, housing, and income: How does the Budget work for your money

FM offers a slew on incentives for senior citizens and affordable house buyers, apart from easing tax compliance

Budget 2021 offers tax sops for aircraft leasing in GIFT City

Tax holiday on capital gains, tax exemption for aircraft lease rentals paid to foreign lessors

Union Budget made easy: Five key things you need to know

Raising exemption limit at the cost of tax reform a 'dangerous' proposal

Spurring demand or increasing investments -- what is the bigger challenge for the FM in this Budget? Tune in to learn why it would be prudent for the govt to allocate more for capital expenditure

Beyond Budget Headlines: Raising tax exemption limit a 'dangerous' proposal

Tamil Nadu grants 100% vehicle tax waiver to EVs, plans dedicated park

Park will be country's first for electric vehicles; state eyes Rs 50,000 cr investment in EV space

LTC cash voucher scheme: If you spend less, tax benefit will be lower

Under cash scheme, now extended to private-sector employees, 3x the LTC fare has to be spent

Limit on employer's contribution to retirement plan: All questions answered

Contributions to NPS may need to be scaled down

Tax incentives for sovereign funds to boost public sector monetisation

Experts see the Budget announcement positive for investments both in InvITs and the toll-operate-transfer mode (TOT)

A big positive in this Budget is tax exemptions: PGIM India Mutual Fund CEO

Abolishing DDT will attract investments, said Ajit Menon, CEO of PGIM India Mutual Fund

After foreign companies, budget gives income tax exemption to ISPRL

Tax changes on ISPRL will be effective April 1

A question of trusts

With the income tax department cancelling Tata Trusts registration, the first of a two-part article examines the flaws in the laws governing charitable trusts