exemptions

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The country’s fast-rising wrestlers vehemently opposed the IOA ad-hoc panel’s controversial decision to exempt star players Vinesh Phogat and Bajrang Punia from the Asian Games trials as they challenged it in the Delhi High Court and also…

Indian Olympic Association (IOA) President PT…

Vinesh Phogat and Bajrang Punia. (Credit: AFP)The duo's demand for a fair selection process has lead to them challenging the exemption granted to Vinesh Phogat and Bajrang Punia for the Asian Games trials.Wrestlers Antim Panghal and Sujeet…

German football's so-called 50+1 ownership rule is set to remain in place after Germany's Federal Competition Regulator, the Bundeskartellamt, accepted commitments offered by the German Football League (DFL) regarding current exemptions to…

Last Updated: June 29, 2023, 02:09 ISTOffshore funds that have invested more than 50% of their assets under management in a single group of companies and more than 250 billion rupees ($3 billion) in Indian equity markets will have to…

The deadline to file income tax returns (ITRs) for the financial year 2022-23 (assessment year 2023-24) is July 21. Senior citizens, however, get several tax benefits under the Income Tax (IT) Act, 1961. Representational Image…

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While the new tax regime may offer some benefits, you will have to let go of many tax deductions and exemptions that are available in the old tax regime.Many of the deductions and exemptions available in the old tax regime are not there in…

Under the new tax regime, taxpayers can avail lower tax rates if they are willing to forego exemptions It is important to note that if a taxpayer chooses the new tax regime, they will not be able to claim deductions such as Section 80C,…