[

tax rebate

]
Sitharaman will begin her budget speech at around 11am with an address to the Speaker of the Lok Sabha.(PTI)

Budget 2020: Nirmala Sitharaman’s second budget may have tax cuts, sops to spur growth

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2020 08:13 AM IST
Budget 2020: Nirmala Sitharaman will be aiming to get growth back up with the economy staring at the worst pace of expansion recorded in a decade with her second budget as the second woman finance minister after Indira Gandhi.
Baghel said that land allotment rates in industrial areas would be reduced by 30% and lease rent rate would be reduced from 3% to 2%.(PTI FILE)
Baghel said that land allotment rates in industrial areas would be reduced by 30% and lease rent rate would be reduced from 3% to 2%.(PTI FILE)

Chhattisgarh govt to reduce land allotment rates in industrial areas by 30%

Hindustan Times, Raipur | By Ritesh Mishra
PUBLISHED ON SEP 07, 2019 11:58 AM IST
Bhupesh Baghel, while speaking at an event organised by Chhattisgarh Chamber of Commerce and Industry in capital Raipur, said that a new policy in this regard will be formulated in next two months.
After a first failed attempt to make residential societies treat their own waste, the Thane Municipal Corporation (TMC) is now giving it a second shot.(HT Photo)
After a first failed attempt to make residential societies treat their own waste, the Thane Municipal Corporation (TMC) is now giving it a second shot.(HT Photo)

Waste management: Thane civic body will assist residents to set up compost pits

Thane | By Megha Pol, Thane
UPDATED ON SEP 06, 2019 02:59 AM IST
The assistant sanitation inspector of every area will visit the residential societies and tell them of the importance of waste treatment plants.
There is no change in the first income-tax slab (up to Rs 2.5 lakh a year), which attracts zero tax.(Representative image)
There is no change in the first income-tax slab (up to Rs 2.5 lakh a year), which attracts zero tax.(Representative image)

Major relief likely for taxpayers between Rs 5 lakh and Rs 10 lakh as panel proposes new slabs

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON JUN 22, 2020 09:29 PM IST
To be sure, this is still just a suggestion and it is not clear whether the government, which is very focused on increasing its tax revenue, will accept it.
Despite the fact that it was running a massive annual budgetary deficit of Rs 258 crore, a House meeting of the East Delhi Municipal Corporation resolved on Monday to provide 100% rebate against any hike in property tax.(HT File)
Despite the fact that it was running a massive annual budgetary deficit of Rs 258 crore, a House meeting of the East Delhi Municipal Corporation resolved on Monday to provide 100% rebate against any hike in property tax.(HT File)

Despite deficit, EDMC proposes tax rebate

New Delhi | By Baishali Adak
PUBLISHED ON MAY 28, 2019 06:29 AM IST
Senior officials, however, said this would mean a loss of R120 crore for the civic body. While EDMC is paying salaries to its employees on time, a sum of Rs 1,500 crore is pending in arrears.
A notification to this effect was issued on Wednesday, but CBDT is considering issuing an explanatory statement in simple, non-technical language, given the immense implications for senior citizens who pay taxes, said the official.(HT Photo)
A notification to this effect was issued on Wednesday, but CBDT is considering issuing an explanatory statement in simple, non-technical language, given the immense implications for senior citizens who pay taxes, said the official.(HT Photo)

Tax relief for senior citizens upto Rs 5 lakh

Hindustan Times, New Delhi | By Rajeev Jayaswal
PUBLISHED ON MAY 24, 2019 10:17 PM IST
“Earlier, banks did not deduct tax at source for total income not exceeding Rs 4.5 lakh; that included Rs 3 lakh under tax-exempt category and Rs 1.5 lakh tax benefit under [section] 80C,” the first official said.
One of our biggest challenges is to create enough jobs for India’s growing work force. The NDA’s emphasis on upgrading our dated academic curricula to focus on innovation, research and emerging technologies like Artificial Intelligence, Internet of Things and Blockchain, besides setting up nationwide training centres, will equip the youth with the right skill set(Bloomberg)
One of our biggest challenges is to create enough jobs for India’s growing work force. The NDA’s emphasis on upgrading our dated academic curricula to focus on innovation, research and emerging technologies like Artificial Intelligence, Internet of Things and Blockchain, besides setting up nationwide training centres, will equip the youth with the right skill set(Bloomberg)

BJP has helped the middle class realise its aspirations

By Sumant Sinha
PUBLISHED ON APR 24, 2019 08:48 PM IST
By creating a robust fiscal architecture, arresting inflation, and improving ease of business, it has ensured growth
Finance minister Piyush Goyal during an interview in New Delhi.(ANI Photo)
Finance minister Piyush Goyal during an interview in New Delhi.(ANI Photo)

Tax rebate given to those who need it most, says Piyush Goyal

Hindustan Times, New Delhi | By Shishir Gupta and R Sukumar
UPDATED ON FEB 05, 2019 07:57 AM IST
The Union minister also said, “The budget gives a better future to every section of society – the poor, middle class, the farmers, organised labour, and unorganised labour.”
People stand in queue to file their IT returns on last day of financial year outside Income Tax office at BKC, Bandra in Mumbai, India, on Tuesday, March 31, 2015.(Hindustan Times file photo)
People stand in queue to file their IT returns on last day of financial year outside Income Tax office at BKC, Bandra in Mumbai, India, on Tuesday, March 31, 2015.(Hindustan Times file photo)

Individuals earning Rs 8-9 lakh annually can escape taxes. Here’s how

New Delhi | By Press Trust of India
UPDATED ON FEB 03, 2019 09:40 AM IST
Individuals earning Rs 8-9 lakh annually would not have to pay any income tax if they make proper investments in tax saving instruments like provident fund, life insurance, pension scheme and home loan, Revenue secretary Ajay Bhushan Pandey said Saturday.
Union minister Arun Jaitley, one of the architects of the interim budget, along with Prime Minister Narendra Modi and finance minister Piyush Goyal, spoke to HT over the phone from New York on the key proposals.(PTI)
Union minister Arun Jaitley, one of the architects of the interim budget, along with Prime Minister Narendra Modi and finance minister Piyush Goyal, spoke to HT over the phone from New York on the key proposals.(PTI)

We are definitely creating jobs of a different kind, says Jaitley

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 02, 2019 10:11 AM IST
Union minister Arun Jaitley, one of the architects of the interim budget, along with Prime Minister Narendra Modi and finance minister Piyush Goyal, spoke to HT over the phone from New York on the key proposals.
While these sops will put some extra money in the hands of the two classes of consumers and boost demand for items of daily use and low-cost staples, they are not expected to lift purchases of more expensive items, executives at other consumer goods companies said.(AP)
While these sops will put some extra money in the hands of the two classes of consumers and boost demand for items of daily use and low-cost staples, they are not expected to lift purchases of more expensive items, executives at other consumer goods companies said.(AP)

Budget: Rise in demand may be limited to FMCG, say experts

Hindustan Times, New Delhi | By Vidhi Choudhary
UPDATED ON FEB 02, 2019 09:18 AM IST
While these sops will put some extra money in the hands of the two classes of consumers and boost demand for items of daily use and low-cost staples, they are not expected to lift purchases of more expensive items, executives at other consumer goods companies said.
The income tax department will give a “straight rebate” of Rs 12,500 to people having an annual income of Rs 5 lakh from the beginning of next fiscal (Photo by Arvind Yadav/ Hindustan Times)(Arvind Yadav/HT PHOTO)
The income tax department will give a “straight rebate” of Rs 12,500 to people having an annual income of Rs 5 lakh from the beginning of next fiscal (Photo by Arvind Yadav/ Hindustan Times)(Arvind Yadav/HT PHOTO)

Income tax rebate of Rs 12,500 to those who earn up to Rs 5 lakh from April 1

New Delhi | By Press Trust of India
PUBLISHED ON FEB 01, 2019 09:10 PM IST
CBDT Chairman Sushil Chandra said people having taxable income of Rs 6.5 lakh per annum too can avail “tax rebate” provided they invest Rs 1.5 lakh in specified investments such as PPF, General Provident Fund (GPF) and insurances.
People watching union Interim budget at the shop in Patna on Friday, February 1, 2019.(AP Dube / HT Photo)
People watching union Interim budget at the shop in Patna on Friday, February 1, 2019.(AP Dube / HT Photo)

Budget 2019 income tax slabs: Here’s how much income tax you will pay after new slabs

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2019 04:20 PM IST
Budget 2019 highlights: Finance minister Piyush Goyal has proposed full tax rebate for individual tax payers having annual income up to Rs 5 lakh in Budget 2019.
Amit Joshi, secretary, Saidatt Residency showing the rainwater harvesting system in Saidatt residency, Baner.(HT PHOTO)
Amit Joshi, secretary, Saidatt Residency showing the rainwater harvesting system in Saidatt residency, Baner.(HT PHOTO)

Water scarcity, high-cost water tankers and tax rebate fails to promote rainwater harvesting in Pune

Hindustan Times, Pune | By Prachi Bari
UPDATED ON JUL 12, 2018 04:15 PM IST
Numerous seminars and workshops have been held in the city to promote (RWH) and also avail of the 5% water tax rebate offered by the Pune Municipal Corporation (PMC) as incentive. However, the response has remained lukewarm.
Special session for the GST launch at Parliament House in New Delhi on June 30, 2017.(Arun Sharma/HT File Photo)
Special session for the GST launch at Parliament House in New Delhi on June 30, 2017.(Arun Sharma/HT File Photo)

Centre launches crackdown on GST evaders

Hindustan Times, New Delhi | By Gireesh Chandra Prasad and Remya Nair, New Delhi
UPDATED ON MAR 29, 2018 11:26 PM IST
The nature of evasion includes non-payment of tax, wrongful claim of tax rebates and failure to remit to the government taxes collected from customers.
SHARE
Story Saved