tax exemption
Food, drinks in educational institutions to attract 5 per cent GST
Food and beverages distributed at educational institutions would be subject to Goods and Services Tax (GST) of 5 per cent.
19 states implemented startup policies: Commerce ministry
Narendra Modi unveiled a slew of incentives to boost startup businesses.
China cuts tax rates for chipmakers amid trade tensions with US
The move comes as the United States is considering imposing tariffs on $50 billion worth of Chinese exports.
Submit proof for your HRA exemption claim: I-T dept
I-T dept swings into action after subtantial rise in number of fake rent receipts employers are getting.
File I-T returns or lose tax exemption status, Govt tells political parties
The government is amending law to make the rule mandatory and also changing the law to keep the identity of the donor confidential.
Political parties do not enjoy immunity, liable to I-T query: Arun Jaitley
He said that the NDA government has neither made any change regarding the taxation regime nor has it contemplated on the same.
Exemption from tax given to only registered political parties
Meanwhile, CBDT said that there are enough provisions in the Income Tax Act to scrutinise the accounts of the political parties.