income tax exemption

Anyone aged 60 or above is eligible to open this FD.The tax-saver FDs have a lock-in period of five years, and the bank doesn’t allow premature withdrawals in these deposits. The most preferred investment option among senior citizens…

Finance Minister Nirmala Sitharaman. (File photo/News18)FM Nirmala Sitharaman said the government has provided several tax benefits to middle class, including tax exemption for those earnings up to Rs 7.27 lakh/annumFinance Minister Nirmala…

Edited By: Mohammad HarisLast Updated: January 25, 2023, 14:08 ISTThe Halwa ceremony to mark the final stage of the Budget preparation process for Union Budget 2023-24 will be held on Thursday, January 26.Budget documents will be available…

Last Updated: January 19, 2023, 11:50 ISTThe Finance Act of 2003 introduced and periodically amended Section 87A.If your income does not exceed Rs. 5 lakh, a taxpayer, who is a resident of India, is eligible to receive a tax rebate of up to…

Edited By: Nitya ThirumalaiLast Updated: January 11, 2023, 10:27 ISTHeadlined by income tax relief, the wishlist of the salaried middle-class is a long one. How many of these wishes will Nirmala Sitharaman grant on February 1?Speculation is…

Edited By: Mohammad HarisLast Updated: December 16, 2022, 16:13 ISTWithout accounting for rebates, the current exemption limit is currently Rs 2.5 lakh for the assesses. (File rep image)ASSOCHAM President Sumant Sinha says buoyancy in both…