Tag: tax relief
Infosys gets ₹3,898 crore partial GST tax relief for FY 2017-18 out of the ₹32,403 crore tax notice for 2017-22
Infosys Ltd has been given a tax relief of ₹3,898 crore for the financial year 2017-18, the IT major wrote in a company filing to…
Affordable housing tax relief: Budget 2024 expected to bring back deduction on home loan interest payment, other measures
While the interim Budget (presented on Feb 1, 2024) provided some respite to taxpayers by waiving some limited outstanding demands for the past years up…
Non-resident gets tax relief on overseas income
Mumbai: The Income Tax Appellate Tribunal (ITAT) has come to the rescue of a salaried individual who was deputed to work outside India, by holding…
‘Non-resident’ gets tax relief on overseas income
MUMBAI: The Income Tax Appellate Tribunal (ITAT) has come to the rescue of a salaried individual who was deputed to work outside India, by holding…
take-home pay: Income tax department notifies rules for valuing rent-free accommodation provided by employers
Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a higher take-home salary…
Government proposes tax relief for REITs, InVITS
In a relief to REITs and InVITs, the Finance Bill on Friday proposed to treat distribution from business as return of capital. While presenting the…
Tax Budget: Budget 2023: Tax relief brings a pocket full of buy
With its focus on improving the purchasing power of middleclass households through tax relief for salaried employees, the budget will help spur demand for packaged…