Mon, Sep 30, 2024
Sikkim holds a unique position in India as the only state where residents are exempt from income tax, regardless of their annual earnings. This remarkable status, rooted in the historical merger agreement of 1975, offers significant financial relief to its residents. Here’s an in-depth look at why Sikkim is India’s tax-free haven.
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Sat, Aug 13, 2022
Tax collections are one of the indicators of economic activity as higher income of companies suggest demand growth and wealth creation.
Fri, Jul 22, 2022
The due date for filing Income Tax Return without a late fee is July 31.
Wed, Jul 20, 2022
It was decided that a letter signed by representatives of 100 markets would be sent to the prime minister demanding withdrawal of the GST imposed on food items.
Thu, Feb 01, 2018
For senior citizens, exemption of interest income on bank deposits has been raised to Rs 50,000
Fri, Feb 03, 2017
US IT giant Microsoft has made a formal plea to US President Donald Trump seeking an exemption for workers and students from the temporary immigration ban.
Tue, Jan 03, 2017
Commerce and Industry Ministry on Tuesday asked the GST Council to grant ab-initio exemption to exporters from the Goods and Services Tax (GST) and keep the labour-intensive sectors like leather and plantation completely out of the tax net or put them in lowest slab.
Wed, Sep 21, 2016
Asking the industry to improve business model to take advantage of emerging opportunities, Finance Minister Arun Jaitley on Wednesday said they cannot indefinitely depend upon incentives and exemption.
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