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Tax Exemption News

Government announces tax exemption for FII investments in G-secs: What to know

In a strategic move to attract Foreign Institutional Investors (FIIs), the Indian Government has announced tax exemptions on investments in Government securities (G-secs).

Published 32 days ago

Selling your house? Here’s how to reduce your capital gains tax burden

When you sell a property, capital gains arise. However, you can save on paying taxes on capital gains by utilising certain provisions of the Income Tax Act. (Photo for representational purposes only)

Updated 85 days ago

Kavitha urges Centre to provide tax relief in severance to techies

Kavitha urges Centre to provide tax relief in severance to techies

Published 101 days ago

Section 54: Can seven adjoining flats qualify as a single unit for tax relief?

The Income Tax Appellate Tribunal ruled that adjoining flats used as one home qualify for exemption, shifting focus from the ‘one house’ rule to actual usage. (Picture for representational purposes only)

Updated 114 days ago

Why does Mamdani want a 50% estate tax for New York?

Mamdani’s administration has been exploring several options to generate additional revenue and has sought cooperation from the state legislature to implement potential changes.

Updated 121 days ago

Tax exempted for motor accident compensations

A busy road in Navi Mumbai. (HT Photo)

Published 162 days ago

Selling a property and buying an under construction apartment? Things to know

If you sell an apartment and plan to reinvest the proceeds in an under-construction property, any delay in project completion beyond three years could jeopardise your long-term capital gains (LTCG) exemption. ( Photo for representational purposes only)

Updated 168 days ago

ITAT dismisses Cong’s ₹199-cr exemption plea

ITAT dismisses Cong’s <span class='webrupee'>₹</span>199-cr exemption plea

Published 356 days ago

BCCI’s IPL profits untaxed, research pays GST: Professor calls for policy change

Kolkata: Actor Shah Rukh Khan with BCCI President Roger Binny, RCB captain Rajat Patidar and KKR captain Ajinkya Rahane during the cake cutting ceremony to mark the opening of Indian Premier League 2025, at the Eden Gardens in Kolkata, Saturday, March 22, 2025. (PTI Photo/Swapan Mahapatra) (PTI03_22_2025_000257B)

Updated 440 days ago

UK to tax private schools in £1.5 bn boost to public education

UK to tax private schools in £1.5 bn boost to public education

Published 562 days ago

Relief for Sai Baba Trust as HC upholds tax exemption on anonymous donations

Maharashtra, Dec 26 (ANI): Priests chanting during the solar eclipse timing, at Sai Baba temple in Shirdi on Thursday. (ANI Photo)

Updated 568 days ago

Shirdi Sansthan eligible for income tax exemption on anonymous donations: HC

Established in 1953 and recognised under the Bombay Public Trusts Act, the Shri Sai Baba Sansthan Trust, Shirdi has been a significant religious institution.

Updated 642 days ago

Delhi HC sets aside order directing CBDT to provide info on Ram Temple trust

The CPIO approached the high court challenging CIC’s November 2022 order. (Getty Images/iStockphoto)

Published 864 days ago

'Dare Devil Mustafa' film team meets CM Siddaramaiah, urges for tax exemption

'Dare Devil Mustafa' film team meets CM Siddaramaiah, urges for tax exemption

Published 1128 days ago

Leave encashment tax-free till ₹25 lakh for private sector employees. Details

Earlier, the tax exemption on leave encashment for non-government employees was <span class='webrupee'>₹</span>3 lakh.

Published 1144 days ago

From RBI's ₹2,000 note withdrawal move to SC panel's ‘clean chit’ to Adani group

Adani group chairman Gautam Adani and <span class='webrupee'>₹</span>2000 denomination.

Published 1149 days ago

Puneeth Rajkumar's 'Gandhadha Gudi' movie to be tax-exempted, says CM Bommai

Puneeth Rajkumar passed away last year on October 29, following a cardiac arrest at the age of 46.

Published 1361 days ago

Siddaramaiah asks govt to make Puneeth Rajkumar's 'James' tax-free

Congress leader Siddaramaiah demanded Puneeth Rajkumar's latest movie 'James' to be tax-free in K'taka

Updated 1579 days ago

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