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IT exemption hiked 10 July 2014
The Income Tax exemption has been increased by Rupees 50,000 by Finance Minister Arun Jaitley. So the total exemption will be now Rupees 2.50 Lakhs. While the margin for senior citizens has been increased to Rs 3 lakh and the...
Keywords: Finance Minister Arun Jaitley, Quick news, Budget 2014, Income Tax exemption
Read MoreSeven Years Tax Exemption for Jammu and Kashmir 06 September 2019
Seven Years Tax Exemption for Jammu and Kashmir:- The Centre took a bold step, scrapped Article 370 for Jammu and Kashmir. The state was announced into two union territories as Jammu and Kashmir along with Ladakh. The state was taken...
Keywords: Jammu and Kashmir, Jammu and Kashmir news, Jammu and Kashmir, Jammu and Kashmir from Centre
Read MoreBalayya's Gautamiputra Satakarni Gets Tax Exemption from TS & AP Govt 07 January 2017
Tollywood actor Nandamuri Balakrishna's upcoming movie 'Gautamiputra Satakarni' got tax exemption from the Telangana government first and later from Andhra Pradesh government. Balakrishna instead of approaching AP government first, he approached TS government so that public don't start thinking in...
Keywords: Balakrishna, movie, Andhra pradesh government, Chandrababu Naidu
Read MoreWe have a clear planning: AP CM 12 September 2014
Andhra Pradesh chief minister Chandrababu Naidu said that his government has a clear cut planning in developing the state as well as the new capital of AP. Chandrababu along with AP ministers delegation met 14th Finance Commission headed by former...
Keywords: Andhra Pradesh, YV Reddy, Union government grants, 14th Finance Commission
Read MoreIT Companies tax exemption extensions - Kapil Sibal 08 October 2011
After the Direct Taxes Code (DTC) comes into effect,The government may consider giving sops to IT companies in the country, Communications and Information Technology Minister Kapil Sibal said today. Kapil Sibal told reporters"As you know, the 10-year tax (break) period is...
Keywords: exemption, extensions, , Kapil Sibal
Read MoreIncome Tax limit to be pushed 14 June 2014
Here is a good news for all the salaried class people, Narendra Modi government is likely to push the Income Tax exemption limit from Rs 2 to Rs 3 lakh which would leave more money in the hands of people....
Keywords: Income Tax, Finance Minsiter Arun Jaitley, Income Tax limit, Income Tax exemption limit
Read MoreRs 1381 crores income of political parties! 20 October 2014
Generally Political parties in the country are exempted from tax on their income through section 13 A of IT Act 1961 but government has lost a revenue of Rs 1381 crores with this. According an RTI query, in last two...
Keywords: CPI, Samajwadi party, Bahujan Samajwadi party, BJP
Read MoreAP gets 'Special Package' 05 February 2015
In a much relief to Andhra Pradesh state, the Union government has granted a special package of Rs 850 crore and also some tax exemptions. As per the Andhra Pradesh Reorganisation Bill 2013, under section 46[2], 46[3], backward regions of...
Keywords: special package to AP, Andhra Pradesh reorganisation bill 2013, Finance Ministry, special package to AP
Read MoreGST Council Decides To Exempt TTD Laddu Prasadam From Tax Net 19 June 2017
GST Council Decides To Exempt TTD Laddu Prasadam From Tax Net:- In a recent development, on the request of Andhra Pradesh Government, the Goods and Services Tax (GST) council has decided to exempt laddu prasadam and human hair at the...
Keywords: Tax Exemption, TTD Laddu Prasadam, Tax Exemption, GST Council
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