Tax concession

Interim Budget 2024: Will standard deduction of Rs 50,000 get a hike?

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Interim Budget 2024: Will standard deduction of Rs 50,000 get a hike?

The Interim Budget 2024 is just around the corner and the middle-class taxpayers are holding their breath, hopeful for some relief in the form of income tax concessions. If Finance Minister Nirmala Sitharaman proposes it in the interim budget 2024 scheduled for February 1, ahead of the general elections, it would provide a much-needed boost … Read more

Central government may consider tax concession for Maharashtra’s slum rehabilitation program

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Central government may consider tax concession for Maharashtra’s slum rehabilitation program

MUMBAI: The government of India may consider tax concessions for Maharashtra’s slum rehabilitation programme and has asked the state government to submit a proposal seeking the same. Hardeep Singh Puri, Minister of State, Housing and Urban Affairs has asked Jitendra Awhad, Cabinet Minister of Housing, State of Maharashtra to submit a note in this regard … Read more