Exempted Income From Tax
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Britain's Reform Party Makes 'Britannia Card' Policy To Appease The Rich
Britain's populist Reform UK party unveiled plans to offer wealthy, often foreign newcomers a "Britannia Card" to gain exemption from tax on international wealth, income or gains for 10 years for a one-off payment.
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New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
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Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
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Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
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Why People In This Indian Hill Paradise Need Not Pay Income Tax
As the rest of India scrambled to meet the July 31 deadline for filing Income Tax Returns (ITR), one state remained blissfully exempt from the tax frenzy - Sikkim.
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"No New Change In Tax Regime": Government Explains What Changes From Today
In a detailed note, the ministry explained that the new tax regime has low rates but fewer exemptions and deductions.
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Recovery Of Rs 135 Crore From Congress As Per Income Tax Laws: Report
The Congress lost income tax exemption in 2018-19 due to extensive use of cash in the electoral process, sources said, justifying that Rs 135 crore tax recovery from the party was consistent with the provisions of the Income Tax Act.
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Israel Follows UK to Exempt Foreigners from Paying Taxes on Crypto Gains: Details
Israel aims to paint its picture as a pro-crypto nation to attract investors to engage with its economy. To do so, the country is mulling if Israel should exempt foreigner residents from paying taxes on incomes derived from the sale of crypto assets.
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Centre Proposes Changes To Tax On Angel Investors In Unlisted Entities
The Income Tax Department on Friday proposed to exempt Sebi-registered FPIs, pension funds and SWFs from the purview of angel tax.
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Income Tax: Know About The Rules Coming Into Effect From April 1
The new tax regime will have none of the usual exemptions on insurance premium, mutual funds and other such investments.
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Aadhaar-PAN Linking: These Individuals Are Exempt From This Mandate
Every person who has been given a permanent account number must link their PAN with their Aadhaar, but some categories are excluded from the requirement.
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Shirdi's Saibaba Temple Gets Tax Exemption Of Rs 175 Crore. Here's Why
The Sri Saibaba Temple Trust of Shirdi has been exempted from the payment of income tax of Rs 175 crore levied in the last three years, its officials said on Friday.
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BJP Got Rs 10 Crore From Mumbai-Based Trust in 2021-22: Election Commission
Electoral trusts are non-profit companies established for receiving donations from a person or a company and distributing the same to political parties. The trusts get income tax exemptions as well.
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Uzbekistan Legalises Solar-Powered Crypto Mining, Offers Tax Exemption to Companies
Uzbekistan will reportedly allow companies to mine cryptocurrencies using solar energy and will exempt all crypto operations by domestic and foreign companies from income tax.
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Salary Income Of Indians In Gulf Exempt From Income Tax: Finance Minister
Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.
-
Britain's Reform Party Makes 'Britannia Card' Policy To Appease The Rich
Britain's populist Reform UK party unveiled plans to offer wealthy, often foreign newcomers a "Britannia Card" to gain exemption from tax on international wealth, income or gains for 10 years for a one-off payment.
-
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
-
Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
-
Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
-
Why People In This Indian Hill Paradise Need Not Pay Income Tax
As the rest of India scrambled to meet the July 31 deadline for filing Income Tax Returns (ITR), one state remained blissfully exempt from the tax frenzy - Sikkim.
-
"No New Change In Tax Regime": Government Explains What Changes From Today
In a detailed note, the ministry explained that the new tax regime has low rates but fewer exemptions and deductions.
-
Recovery Of Rs 135 Crore From Congress As Per Income Tax Laws: Report
The Congress lost income tax exemption in 2018-19 due to extensive use of cash in the electoral process, sources said, justifying that Rs 135 crore tax recovery from the party was consistent with the provisions of the Income Tax Act.
-
Israel Follows UK to Exempt Foreigners from Paying Taxes on Crypto Gains: Details
Israel aims to paint its picture as a pro-crypto nation to attract investors to engage with its economy. To do so, the country is mulling if Israel should exempt foreigner residents from paying taxes on incomes derived from the sale of crypto assets.
-
Centre Proposes Changes To Tax On Angel Investors In Unlisted Entities
The Income Tax Department on Friday proposed to exempt Sebi-registered FPIs, pension funds and SWFs from the purview of angel tax.
-
Income Tax: Know About The Rules Coming Into Effect From April 1
The new tax regime will have none of the usual exemptions on insurance premium, mutual funds and other such investments.
-
Aadhaar-PAN Linking: These Individuals Are Exempt From This Mandate
Every person who has been given a permanent account number must link their PAN with their Aadhaar, but some categories are excluded from the requirement.
-
Shirdi's Saibaba Temple Gets Tax Exemption Of Rs 175 Crore. Here's Why
The Sri Saibaba Temple Trust of Shirdi has been exempted from the payment of income tax of Rs 175 crore levied in the last three years, its officials said on Friday.
-
BJP Got Rs 10 Crore From Mumbai-Based Trust in 2021-22: Election Commission
Electoral trusts are non-profit companies established for receiving donations from a person or a company and distributing the same to political parties. The trusts get income tax exemptions as well.
-
Uzbekistan Legalises Solar-Powered Crypto Mining, Offers Tax Exemption to Companies
Uzbekistan will reportedly allow companies to mine cryptocurrencies using solar energy and will exempt all crypto operations by domestic and foreign companies from income tax.
-
Salary Income Of Indians In Gulf Exempt From Income Tax: Finance Minister
Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.
