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New Income Tax Bill To Be Introduced In Monsoon Session: Nirmala Sitharaman
The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala Sitharaman said on Tuesday.
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"Every Family Happy": PM Plays Up Budget Tax Breather At Delhi Poll Rally
As campaigning for the February 5 election in Delhi enters its last leg, Prime Minister Narendra Modi today pointed to Budget 2025 and played up the proposals for Bihar and the income tax relief to the middle class.
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What Rs 12 Lakh Exemption Means And How Tax Is Calculated If You Earn More
The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that those earning up to Rs 12 lakh annually won't have to pay any income tax.
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Proposal Of Zero Tax Up To Rs 12 Lakh Per Year Visionary Step: Odisha Chief Minister
Odisha Chief Minister Mohan Charan Majhi on Saturday said the "zero income tax" up to Rs 12 lakh per annum, as proposed in the Union Budget 2025-26, is a visionary step and will empower citizens and strengthen the economy.
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No Income Tax Up To Rs 12 Lakh: Internet Flags Questions, Confusion
Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
Budget 2025: Slabs Revised For New Regime, No Tax On Income Up To Rs 4 Lakh
Good news for the middle class. Finance Minister Nirmala Sitharaman has announced a revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
Telangana Minister Accuses Paramilitary Force CRPF Of Beating His Son
Telangana Labour Minister Ch Malla Reddy today accused CRPF personnel, who accompanied the Income Tax department officials during the searches carried out at his residence and educational institutions here, of 'beating up' his son.
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Over 750 Working On Tax Portal: Chided, Infosys CEO Assures Government
Finance Minister Nirmala Sitharaman, in a meeting with Infosys CEO Salil Parekh today, expressed "deep disappointment" over persistent glitches in the new Income Tax portal set up by the company and gave him till September 15 to resolve all issues.
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Budget 2020: Nirmala Sitharaman's Budget Has Farming, Infra Focus; Street Disappointed
Finance Minister Nirmala Sitharaman, in the longest-ever Budget speech, unveiled a new tax regime, abolished dividend tax for companies, announced a 16-point plan to boost agriculture and signalled record spending in agriculture to pull the economy out of its worse slump in more than a decade. Vowing to boost the income and purchasing power of citi...
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Alleged "Benami" Assets Of Retired UP Officer Worth 230 Crores Seized: Report
The income tax department has attached "benami" assets worth Rs 230 crore of retired Indian Administrative Officer (IAS) officer Net Ram, who served as secretary to former Uttar Pradesh Chief Minister Mayawati, official sources told PTI on Tuesday.
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UP To Amend Law That Exempted Ministers From Paying Their Income Tax
The Uttar Pradesh cabinet on Tuesday decided to amend the law that exempted the state's chief minister and ministers from paying their own income tax, burdening the exchequer for the last 40 years.
-
UP Ministers To Start Paying Tax, Four-Decade-Old Practice Ends
The Uttar Pradesh government on Friday decided that ministers will start paying their own income tax, ending a four-decade-old practice of the state exchequer shelling out the amount annually for them.
-
UP Ministers Haven't Paid Taxes For Four Decades. State Pays It For Them
The existence of a four-decade-old law that makes the Uttar Pradesh government pay the income tax of all ministers has come as shocker to many, even though some political leaders say they never knew about it.
-
"My Intention Wasn't To Cheat," Coffee Day Owner Wrote To Staff: Report
VG Siddhartha, the founder of the popular chain Cafe Coffee Day and son-in-law of former Karnataka Chief Minister SM Krishna, apparently wrote to his employees before he went missing on Monday. The letter - accessed by news agency ANI - alleges harassment by an income tax officer and expresses regret for not being able to create "the right profitab...
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"Will End Poverty Without New Taxes": Manmohan Singh Speaks Up For NYAY
Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.
-
New Income Tax Bill To Be Introduced In Monsoon Session: Nirmala Sitharaman
The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala Sitharaman said on Tuesday.
-
"Every Family Happy": PM Plays Up Budget Tax Breather At Delhi Poll Rally
As campaigning for the February 5 election in Delhi enters its last leg, Prime Minister Narendra Modi today pointed to Budget 2025 and played up the proposals for Bihar and the income tax relief to the middle class.
-
What Rs 12 Lakh Exemption Means And How Tax Is Calculated If You Earn More
The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that those earning up to Rs 12 lakh annually won't have to pay any income tax.
-
Proposal Of Zero Tax Up To Rs 12 Lakh Per Year Visionary Step: Odisha Chief Minister
Odisha Chief Minister Mohan Charan Majhi on Saturday said the "zero income tax" up to Rs 12 lakh per annum, as proposed in the Union Budget 2025-26, is a visionary step and will empower citizens and strengthen the economy.
-
No Income Tax Up To Rs 12 Lakh: Internet Flags Questions, Confusion
Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
Budget 2025: Slabs Revised For New Regime, No Tax On Income Up To Rs 4 Lakh
Good news for the middle class. Finance Minister Nirmala Sitharaman has announced a revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
Telangana Minister Accuses Paramilitary Force CRPF Of Beating His Son
Telangana Labour Minister Ch Malla Reddy today accused CRPF personnel, who accompanied the Income Tax department officials during the searches carried out at his residence and educational institutions here, of 'beating up' his son.
-
Over 750 Working On Tax Portal: Chided, Infosys CEO Assures Government
Finance Minister Nirmala Sitharaman, in a meeting with Infosys CEO Salil Parekh today, expressed "deep disappointment" over persistent glitches in the new Income Tax portal set up by the company and gave him till September 15 to resolve all issues.
-
Budget 2020: Nirmala Sitharaman's Budget Has Farming, Infra Focus; Street Disappointed
Finance Minister Nirmala Sitharaman, in the longest-ever Budget speech, unveiled a new tax regime, abolished dividend tax for companies, announced a 16-point plan to boost agriculture and signalled record spending in agriculture to pull the economy out of its worse slump in more than a decade. Vowing to boost the income and purchasing power of citi...
-
Alleged "Benami" Assets Of Retired UP Officer Worth 230 Crores Seized: Report
The income tax department has attached "benami" assets worth Rs 230 crore of retired Indian Administrative Officer (IAS) officer Net Ram, who served as secretary to former Uttar Pradesh Chief Minister Mayawati, official sources told PTI on Tuesday.
-
UP To Amend Law That Exempted Ministers From Paying Their Income Tax
The Uttar Pradesh cabinet on Tuesday decided to amend the law that exempted the state's chief minister and ministers from paying their own income tax, burdening the exchequer for the last 40 years.
-
UP Ministers To Start Paying Tax, Four-Decade-Old Practice Ends
The Uttar Pradesh government on Friday decided that ministers will start paying their own income tax, ending a four-decade-old practice of the state exchequer shelling out the amount annually for them.
-
UP Ministers Haven't Paid Taxes For Four Decades. State Pays It For Them
The existence of a four-decade-old law that makes the Uttar Pradesh government pay the income tax of all ministers has come as shocker to many, even though some political leaders say they never knew about it.
-
"My Intention Wasn't To Cheat," Coffee Day Owner Wrote To Staff: Report
VG Siddhartha, the founder of the popular chain Cafe Coffee Day and son-in-law of former Karnataka Chief Minister SM Krishna, apparently wrote to his employees before he went missing on Monday. The letter - accessed by news agency ANI - alleges harassment by an income tax officer and expresses regret for not being able to create "the right profitab...
-
"Will End Poverty Without New Taxes": Manmohan Singh Speaks Up For NYAY
Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.
