Up Ministers Income Tax

Finance Minister Nirmala Sitharaman today announced in her Budget speech that a National Digital Library for children and adolescents will be set up for facilitating the availability of quality books.

The Union Budget 2023-24 is scheduled to be presented on February 1 and like many others young professionals also look up to Finance Minister Nirmala Sitharaman for some relief on income tax and incentives on savings.

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.

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.

As part of the announcement, the first-time buyers of houses pricedup to Rs 2 crore will get income tax relief of up to 20 per centand this will be available till June 30, 2021.

Prime Minister Narendra Modi's government is pushing to shore up revenue as the country's once-booming economy grows at roughly 11-year lows.

2020 Income Tax Slab: Finance Minister Nirmala Sitharaman used an example to explain the difference in tax liability for a person not claiming any exemptions. "A person earning Rs 15 lakh in a year and not availing any deductions etc will pay only Rs 1,95,000 as compared to Rs 2,73,000 in the old regime," she said.

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...

Mr Abheek Barua, Chief Economist, HDFC Bank, said in a report that the upcoming budget is unlikely to mark a departure from past budgets. There may not be any major fiscal stimulus to ramp up growth as the finance ministry itself has capped government spending in Q4 FY20. And there may only be minor tweeking of tax slabs as a cut in income tax is u...

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.

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.

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.

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.

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...

Finance Minister Nirmala Sitharaman announced no changes in the income tax structure in the first Budget of Prime Minister Narendra Modi's second term. Leaving the income tax slabs and rates intact, Ms Sitharaman however proposed to enhance the surcharge on the super rich. The government enhanced the surcharge on individuals having taxable income a...

Finance Minister Nirmala Sitharaman today announced in her Budget speech that a National Digital Library for children and adolescents will be set up for facilitating the availability of quality books.

The Union Budget 2023-24 is scheduled to be presented on February 1 and like many others young professionals also look up to Finance Minister Nirmala Sitharaman for some relief on income tax and incentives on savings.

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.

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.

As part of the announcement, the first-time buyers of houses pricedup to Rs 2 crore will get income tax relief of up to 20 per centand this will be available till June 30, 2021.

Prime Minister Narendra Modi's government is pushing to shore up revenue as the country's once-booming economy grows at roughly 11-year lows.

2020 Income Tax Slab: Finance Minister Nirmala Sitharaman used an example to explain the difference in tax liability for a person not claiming any exemptions. "A person earning Rs 15 lakh in a year and not availing any deductions etc will pay only Rs 1,95,000 as compared to Rs 2,73,000 in the old regime," she said.

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...

Mr Abheek Barua, Chief Economist, HDFC Bank, said in a report that the upcoming budget is unlikely to mark a departure from past budgets. There may not be any major fiscal stimulus to ramp up growth as the finance ministry itself has capped government spending in Q4 FY20. And there may only be minor tweeking of tax slabs as a cut in income tax is u...

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.

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.

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.

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.

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...

Finance Minister Nirmala Sitharaman announced no changes in the income tax structure in the first Budget of Prime Minister Narendra Modi's second term. Leaving the income tax slabs and rates intact, Ms Sitharaman however proposed to enhance the surcharge on the super rich. The government enhanced the surcharge on individuals having taxable income a...