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INCOME TAX REBATE
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...- Georgia State tax rebate 2026: Who qualifies for $1,000 refund checks under $2 billion surplus budget planGeorgia State tax rebate 2026: $2 billion in Georgia tax rebate checks is now approved in the amended $43.66 billion 2026 state budget. Eli...
- Section 87A tax rebate allowed on both long and short term capital gain income from equity for AY 2024-25 by ITAT Indore; Know whyThe ITAT Indore has allowed Section 87A tax rebates on both long-term and short-term capital gains from equity for AY 2024-25. This ruling ...
- Income tax rebate rules for FY 2025-26 (AY 2026-27) explained: How your tax can become zero and changes experts want in Budget 2026Budget 2026 approaches with taxpayers focused on the income tax rebate. Experts anticipate changes to Section 87A, potentially increasing l...
- Money people save will help boost Indian economy: Sitharaman on Income tax rebates announced in BudgetFinance Minister Nirmala Sitharaman stated that the income tax rebate in the Budget would benefit the Indian economy. The rebate has increa...
- No tax rebate u/s 87A allowed on short term capital gains from equities despite being eligible, what experts demand from govtIncome tax rebate u/s 87A: No tax rebate is being given if you have sold mutual fund or shares and earned short term capital gains. This is...
- Have income above Rs 3 lakh? Pay zero tax if your income is up to this limit, thanks to rebate under section 87AIncome tax rebate: Under section 87A you can get a maximum tax rebate of Rs 12,500 under the old tax regime and up to Rs 25,000 under the n...
- Section 87A income tax rebate is not available on these incomesSection 87A of the Income Tax Act, 1961 allows an income tax rebate of Rs 12,500 (for both old and new tax regime) for FY 2022-23 (AY 2023-...
- Govt firm on July 31 income tax returns deadlineOfficials told TOI that the government was of the view that the deadline should not be extended unless there were major problems with the i...
- The promise two big budget numbers hold for the economyThe onus for economic growth has solely been on the government for quite some time. Despite its persistent efforts, private companies are n...
- Vehicle scrappage policy IT rebate to boost car salesCommenting on the impact of the income tax rebate on entry level cars, Shashank Srivastava, executive director, Maruti Suzuki said, “The in...
- ISF suggests govt to allow tax rebates to those who declare their employeesISF's suggestions, which will soon be submitted to the finance ministry for consideration, comes at a time when the government is working o...
- Budget 2019: FM announces income tax rebate on interest of loan taken for EVsSitharaman, in her maiden budget speech, proposed to extend income tax benefit of Rs 1.5 lakh on interest of loans taken to purchase electr...
- Budget 2019: Here's how much tax low, middle and high income groups savePiyush Goyal’s budget gifts full rebates to those earning up to Rs 5 lakh a year.
- Budget 2019 to give a boost to consumptionFMCG companies are expected to report better demand.
- Tax rebate on road safety donations to motivate more firms:IRFThe income tax rebate on 50 per cent of road safety donations will encourage more people and companies to contribute funds.
- Quantum of bonus after talks with trade unions: CMTamil Nadu government, after consultations with the trade unions, would announce the quantum of bonus to employees of its public sector uni...
- Tax rebate on investment in post office, sr citizen schemesInvestments made in five-year fixed saving scheme of post office and saving scheme for senior citizens from the current fiscal would be eli...
- Govt restores bonus on post office small savingsThe government on Friday restored bonus on the once-popular Monthly Investment Scheme (MIS) of post office and extended income tax rebate o...
- Measures half-hearted: ChidambaramReacting to the changes made in the Finance Bill on Friday, former Finance Minister P Chidambaram said the measures were half-hearted.
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