exemption

Tax exemption for trusts: Spending in India or benefit in India?

A recent decision by the Mumbai bench of the Income Tax Appellate Tribunal in the case of one of the…

2 weeks ago

Budget 2024 Expectations: Income tax rebate to home loan tax exemption. What ‘aam aadmi’ expects from FM Sitharaman

Budget 2024 Expectations: Union Finance Minister Nirmala Sitharaman is set to present the Budget for the financial year 2024-25 in…

2 months ago

Himanta Biswa Sarma govt’s CAA order provides ‘exemption’ to Assam’s Bengali Hindus. Why is it termed ’problematic’?

Chief Minister Himanta Biswa Sarma-led Assam government has asked the state’s border police not to directly refer citizenship cases of…

2 months ago

Government should raise I-T exemption limit under new tax regime from ₹3 lakh to ₹5 lakh: EY

Budget 2024: Tax and consultancy firm EY, as quoted by Moneycontrol, said in a report on June 27 that the…

3 months ago

Budget 2024: Will Finance Minister Nirmala Sitharaman increase income tax exemption limit?

Finance Minister Nirmala Sithraman's Budget 2024 has raised many expectations since this is the start of the third term for…

3 months ago

Budget 2024: Government may hike exemption limit under new income tax regime to ₹5 lakh, says report

The Indian government is considering to lower certain personal income tax rates, multiple government officials were quoted as saying by…

3 months ago

Can an Australian NRI get exemption on capital gains?

I live in Australia with my family. Somewhere in mid-2020, I had invested in some liquid mutual funds, which I…

3 months ago