DPIIT approves 187 startups for tax relief under revised section 80-IAC framework

May 15, 2025

The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for income tax exemption under the revamped Section 80-IAC...

Delhi HC sets aside CIC's order to provide RTI information of tax exemption to PM Cares fund

Jan 22, 2024

The Delhi High Court on Monday set aside the Central Information Commission's (CIC's) direction to the Income Tax Department to provide RTI information and...

ITAT upholds Rs 199 crore tax demand on Congress, denies exemption

Jul 22, 2025

In a blow to Indian National Congress, Income Tax Appellate Tribunal (ITAT), Delhi Bench, has upheld a tax demand of Rs 199.15 crore for...

Tax exemption to continue on salary income by NRIs in Gulf: Sitharaman

Apr 01, 2021

New Delhi [India], April 1 : Union Finance Minister Nirmala Sitharaman on Thursday said that salary income earned by non-resident Indians in Gulf countries...

"Will keep check on people's business": BJP's CT Ravi on Income Tax Bill 2025

Mar 06, 2025

In Union Budget for 2025-26 income tax exemption limit has been extended from Rs 7 lakh to Rs 12 lakh, providing significant relief to...

Trade Unions demand super-rich tax, hike in corporate tax and raising income tax exemption limit to Rs 10 lakh

Jan 06, 2025

In their customary pre-budget meeting with Union Finance Minister Nirmala Sitharaman, trade union leaders suggested a super-rich tax and an increase in corporate tax...