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Opinion | The Economic Rationale For Amending The Waqf Act
The Sachar Committee flagged the meagre revenue generation from Waqf properties. The report observed that annual income from Waqf properties (in 2005) across India was approximately ₹163 crore, representing a meagre rate of return of just 2.7%.
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Tax Slabs Changed, How Much Will You Pay With Rs 10 Lakh Annual Income?
Earlier, a salaried employee earning Rs 10 lakh per annum was supposed to pay an income tax of roughly Rs 52,500 under the new regime. Under the revised tax slabs in the new tax regime, he/she will have to pay around Rs 42,500.
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Celebrating 25 Years, Bharti Airtel Foundation Announces Scholarship For Students
The scholarship will be provided to students with an annual family income not exceeding Rs 8.5 lakh.
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Opinion | The Big Fat Indian Wedding Has Become Too Big For Comfort
An average Indian spends about $15,000, or Rs 12 lakh, per wedding. For perspective, that's three times the annual household income of Rs 4 lakh for an average Indian family, and around five times the per capita GDP of $2,900.
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Defeated In Council, Karnataka Temple Tax Bill Passed By Both Houses
A bill that sought to collect funds from temples with over Rs 10 lakh annual income, which was defeated by the opposition BJP-JD(S) combine in the legislative council last week, was taken up for reconsideration and passed by both houses of the legisl
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When Was Income Tax Introduced In Union Budget? Know This And Other Interesting Facts
Union Budget 2024: Finance Minister Nirmala Sitharaman hold the record for giving the longest budget speech in India's history.
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Government Offers Scholarships From Rs 2,500 To Rs 1.35 Lakh For Students
Post-matric scholarship scheme for SC students: To qualify for the scholarships, the parents or guardians' annual income must not exceed Rs 2.50 lakh. Additionally, students must be enrolled in recognised colleges or schools offering various courses.
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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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Haryana's Big Announcement On Girls' Education For Families Having Rs 1.8 Lakh Income
Haryana Chief Minister Manohar Lal Khattar Sunday announced free education in both government and private colleges for girls from families with an annual income of Rs 1.80 lakh in the state.
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Centre Launches Scholarship of Rs 80,000 For Students From North-East
Students whose parents' annual income is not more than Rs 4.5 lakh per annum are eligible for the scholarship programme.
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Who's Happier? Spendthrifts or Savers? Study Gives Surprising Results
A recent study conducted a comparison of spenders and savers, uncovering interesting findings regarding their respective circumstances.
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Google Engineer, 22, Plans To Retire At 35 With Savings Of Rs 41 Crore. Here's How
He has an annual income of $194,000 (roughly Rs 1.60 crore), inclusive of bonuses and stock units.
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New Guidelines For Tax Exemptions On High-Premium Life Insurance Policies
The Income Tax department has prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
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How To Calculate Income From Life Insurance Where Premium Exceeds Rs 5 Lakh, CBDT Explains
The Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
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AIS for Taxpayer Mobile App Launched by Income Tax Department to Share TDS, Transaction Information
The Income Tax department on Wednesday said it has launched the AIS for Taxpayer mobile app which will give taxpayers a comprehensive view of their information related to TDS/TCS, interest, dividends and share transactions, and an option to provide feedback. The mobile app will facilitate taxpayers to view their information as available in the Ann...
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Opinion | The Economic Rationale For Amending The Waqf Act
The Sachar Committee flagged the meagre revenue generation from Waqf properties. The report observed that annual income from Waqf properties (in 2005) across India was approximately ₹163 crore, representing a meagre rate of return of just 2.7%.
-
Tax Slabs Changed, How Much Will You Pay With Rs 10 Lakh Annual Income?
Earlier, a salaried employee earning Rs 10 lakh per annum was supposed to pay an income tax of roughly Rs 52,500 under the new regime. Under the revised tax slabs in the new tax regime, he/she will have to pay around Rs 42,500.
-
Celebrating 25 Years, Bharti Airtel Foundation Announces Scholarship For Students
The scholarship will be provided to students with an annual family income not exceeding Rs 8.5 lakh.
-
Opinion | The Big Fat Indian Wedding Has Become Too Big For Comfort
An average Indian spends about $15,000, or Rs 12 lakh, per wedding. For perspective, that's three times the annual household income of Rs 4 lakh for an average Indian family, and around five times the per capita GDP of $2,900.
-
Defeated In Council, Karnataka Temple Tax Bill Passed By Both Houses
A bill that sought to collect funds from temples with over Rs 10 lakh annual income, which was defeated by the opposition BJP-JD(S) combine in the legislative council last week, was taken up for reconsideration and passed by both houses of the legisl
-
When Was Income Tax Introduced In Union Budget? Know This And Other Interesting Facts
Union Budget 2024: Finance Minister Nirmala Sitharaman hold the record for giving the longest budget speech in India's history.
-
Government Offers Scholarships From Rs 2,500 To Rs 1.35 Lakh For Students
Post-matric scholarship scheme for SC students: To qualify for the scholarships, the parents or guardians' annual income must not exceed Rs 2.50 lakh. Additionally, students must be enrolled in recognised colleges or schools offering various courses.
-
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.
-
Haryana's Big Announcement On Girls' Education For Families Having Rs 1.8 Lakh Income
Haryana Chief Minister Manohar Lal Khattar Sunday announced free education in both government and private colleges for girls from families with an annual income of Rs 1.80 lakh in the state.
-
Centre Launches Scholarship of Rs 80,000 For Students From North-East
Students whose parents' annual income is not more than Rs 4.5 lakh per annum are eligible for the scholarship programme.
-
Who's Happier? Spendthrifts or Savers? Study Gives Surprising Results
A recent study conducted a comparison of spenders and savers, uncovering interesting findings regarding their respective circumstances.
-
Google Engineer, 22, Plans To Retire At 35 With Savings Of Rs 41 Crore. Here's How
He has an annual income of $194,000 (roughly Rs 1.60 crore), inclusive of bonuses and stock units.
-
New Guidelines For Tax Exemptions On High-Premium Life Insurance Policies
The Income Tax department has prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
-
How To Calculate Income From Life Insurance Where Premium Exceeds Rs 5 Lakh, CBDT Explains
The Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
-
AIS for Taxpayer Mobile App Launched by Income Tax Department to Share TDS, Transaction Information
The Income Tax department on Wednesday said it has launched the AIS for Taxpayer mobile app which will give taxpayers a comprehensive view of their information related to TDS/TCS, interest, dividends and share transactions, and an option to provide feedback. The mobile app will facilitate taxpayers to view their information as available in the Ann...
