Income Threshold
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'If Parents Are IAS Officers, Why Reservation For Their Children?': Supreme Court
Before the case reached the Supreme Court, the authorities noted that both parents were government employees and that their combined income exceeded the prescribed creamy layer threshold
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What Is Heat Insurance? How Much It Will Cost, Benefits For Indians Explained
Heat insurance is a relatively new form of climate-risk protection that financially supports individuals, families, workers, or businesses affected by severe heatwaves.
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Will Your Take-Home Go Up? What Budget 2026 May Have For Taxpayer
The rebate wipes out tax after the calculation is done, with marginal relief preventing a sudden spike for someone who crosses the threshold by a few hundred rupees.
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Could Budget 2026 Boost Your Take-Home Pay? Expert on Rs 35 Lakh Slab Wish
Without automatic indexation to CPI or another measurable inflation index, bracket creep will keep nudging taxpayers back into the top slab even when their real incomes are flat.
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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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Delhi LG Increases Income Limit For EWS Admission In Private Schools To Rs 5 Lakh
The decision follows a Delhi High Court ruling of December 5, 2023 wherein the Delhi government was asked to increase the threshold limit from the existing Rs one lakh to Rs 5 lakh.
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MIT Offers Free Education For Families Earning Under $200,000
With 80% of American households meeting this threshold, the program aims to make higher education more accessible.
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How Will UK Visa Changes Impact Indians? Former Students Weigh In
As part of Prime Minister Rishi Sunak's plan to control immigration numbers, the UK government on Thursday implemented an increase in the minimum income threshold required to sponsor a family member's visa in the country as a 'dependent'.
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Higher Salary Threshold For UK Family Visa: What New Rules Mean
The United Kingdom announced on Thursday that the minimum income threshold required to sponsor a family member's visa in the country has been increased, as part of Prime Minister Rishi Sunak's plans to cut down immigration levels.
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Raise Income Cap For School Admission Under Quota For Poor: Delhi High Court
The Delhi High Court ordered raising the existing threshold income for admission to schools in the national capital under the Economically Weaker Section (EWS) quota from Rs 1 lakh to Rs 5 lakh annually until the government amends the relevant law.
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In Relief For Taxpayers, Centre Ups Limit For Filing Appeals In Tax Cases
With about Rs 5 lakh crore stuck in litigations, the government has decided to hike the threshold monetary limit for tax department to file appeals in tribunals and courts to bring down litigation by 41 per cent, Finance Minister Piyush Goyal said today.
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Airtel Announces 'War on Roaming' With Free Incoming Calls, No Outgoing Premium
Airtel has announced that starting April 1 2017, customers will be moved to one day international roaming packs automatically if they touch the threshold of one day pack for that particular destination.
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Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70
The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals. "There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in ba...
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Government Plans Nearly 60% Tax On Unaccounted For Deposits In Banks: Sources
The Cabinet tonight is believed to have discussed amending laws to levy close to 60 per cent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.
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Government Should Abstain From Increasing Tax Exemption Limit: Report
The government should refrain from frequently raising the tax exemption threshold to avoid erosion in the number of taxpayers and also needs to adopt measures to move towards a cash-less regime, says a report.
-
'If Parents Are IAS Officers, Why Reservation For Their Children?': Supreme Court
Before the case reached the Supreme Court, the authorities noted that both parents were government employees and that their combined income exceeded the prescribed creamy layer threshold
-
What Is Heat Insurance? How Much It Will Cost, Benefits For Indians Explained
Heat insurance is a relatively new form of climate-risk protection that financially supports individuals, families, workers, or businesses affected by severe heatwaves.
-
Will Your Take-Home Go Up? What Budget 2026 May Have For Taxpayer
The rebate wipes out tax after the calculation is done, with marginal relief preventing a sudden spike for someone who crosses the threshold by a few hundred rupees.
-
Could Budget 2026 Boost Your Take-Home Pay? Expert on Rs 35 Lakh Slab Wish
Without automatic indexation to CPI or another measurable inflation index, bracket creep will keep nudging taxpayers back into the top slab even when their real incomes are flat.
-
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.
-
Delhi LG Increases Income Limit For EWS Admission In Private Schools To Rs 5 Lakh
The decision follows a Delhi High Court ruling of December 5, 2023 wherein the Delhi government was asked to increase the threshold limit from the existing Rs one lakh to Rs 5 lakh.
-
MIT Offers Free Education For Families Earning Under $200,000
With 80% of American households meeting this threshold, the program aims to make higher education more accessible.
-
How Will UK Visa Changes Impact Indians? Former Students Weigh In
As part of Prime Minister Rishi Sunak's plan to control immigration numbers, the UK government on Thursday implemented an increase in the minimum income threshold required to sponsor a family member's visa in the country as a 'dependent'.
-
Higher Salary Threshold For UK Family Visa: What New Rules Mean
The United Kingdom announced on Thursday that the minimum income threshold required to sponsor a family member's visa in the country has been increased, as part of Prime Minister Rishi Sunak's plans to cut down immigration levels.
-
Raise Income Cap For School Admission Under Quota For Poor: Delhi High Court
The Delhi High Court ordered raising the existing threshold income for admission to schools in the national capital under the Economically Weaker Section (EWS) quota from Rs 1 lakh to Rs 5 lakh annually until the government amends the relevant law.
-
In Relief For Taxpayers, Centre Ups Limit For Filing Appeals In Tax Cases
With about Rs 5 lakh crore stuck in litigations, the government has decided to hike the threshold monetary limit for tax department to file appeals in tribunals and courts to bring down litigation by 41 per cent, Finance Minister Piyush Goyal said today.
-
Airtel Announces 'War on Roaming' With Free Incoming Calls, No Outgoing Premium
Airtel has announced that starting April 1 2017, customers will be moved to one day international roaming packs automatically if they touch the threshold of one day pack for that particular destination.
-
Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70
The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals. "There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in ba...
-
Government Plans Nearly 60% Tax On Unaccounted For Deposits In Banks: Sources
The Cabinet tonight is believed to have discussed amending laws to levy close to 60 per cent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.
-
Government Should Abstain From Increasing Tax Exemption Limit: Report
The government should refrain from frequently raising the tax exemption threshold to avoid erosion in the number of taxpayers and also needs to adopt measures to move towards a cash-less regime, says a report.
