Tax Relief
Business  /  Published 03.01.22

Tax relief sought on annuities

Life insurance companies want the finance ministry to consider giving tax benefit on annuities in the Union budget to protect the earnings of senior citizens amid low interest rates. “Annuity s...
By Pinak Ghosh in Calcutta

Business  /  Published 25.06.21

Income tax: Centre extends deadlines

The government on Friday extended deadlines for various income tax compliances and also exempted from tax the amount given by an employer to employees for COVID-19 treatment. Also, ex-gratia payments...
By Our Bureau, PTI in New Delhi

Calcutta  /  Published 04.10.20

CMC tax relief explained

The Calcutta Municipal Corporation has rolled out a penalty and interest waiver scheme for property tax defaulters on October 1. The benefits will vary depending on how fast one clears the dues. The...
By Subhajoy Roy in Calcutta

Business  /  Published 26.04.20

Tax officers suggest 40% tax on super-rich

A group of senior tax officers has suggested a super-rich tax and a higher levy on foreign companies to keep the cash till running as part of short term measures to help the government fight the coron...
By PTI in Mumbai

Business  /  Published 30.12.19

Coal tax relief

Prime Minister Narendra Modi’s office has proposed waiving tax on coal to help finance pollution-curbing equipment, according to documents, but the move would also make coal more competitive in pric...
By Reuters in New Delhi

India  /  Published 20.09.19

Modi lauds tax relief as historic

Prime Minister Narendra Modi has described as “historic” the cut in corporate tax rates and asserted that economic announcements made in the past few weeks show that his government is leaving no s...
By PTI in New Delhi

Business  /  Published 30.10.19

Sensex reclaims 40000

The BSE Sensex on Wednesday breached the 40000-mark as good corporate earnings and optimism of tax relief charged up investors.The 30-share index, which opened on a positive note at 40055.63, hit an i...
By Our Special Correspondent in Mumbai

Business  /  Published 29.10.19

Sop hopes lift stocks

Reports of tax reliefs for the investing community amid a decent set of corporate results and a pick up in auto sales lifted stock market sentiment on Tuesday, with the benchmark Sensex zooming 582 po...
By Our Special Correspondent in Mumbai


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