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[ad_1] KYIV — Heads are rolling in President Volodymyr Zelenskyy’s expanding purge against corruption in Ukraine, but Defense Minister Oleksii Reznikov is denying rumors that he’s destined for the exit — a move that would be viewed as a considerable setback for Kyiv in the middle of its war with Russia. Two weeks ago, Ukraine…
[ad_1] Delhi: Congress leader P Chidambaram on Thursday said that in the “hullabaloo” over the old and the new tax regimes, the importance of personal savings in a developing country has been “jettisoned”. The former Union finance minister asserted that in the absence of a state-provided safety net for the vast majority of people, personal…
[ad_1] New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the government has made the new income tax regime more attractive for taxpayers and has brought about ‘substantial changes’ in its structure for the benefit of the middle class. The Budget 2023-24 has proposed changes in the optional tax regime, which was introduced in 2020-21….
[ad_1] New Delhi: Maturities of life insurance policies with an annual premium of Rs 5 lakh and above taken after April 2023 will now be taxed after Finance Minister Nirmala Sitharaman removed the tax exemptions on them. For better targeting of tax concessions and exemptions, Sitharaman in her Budget on Wednesday proposed to cap deduction…
[ad_1] Hyderabad: Reacting to the union budget delivered by Finance minister Nirmala Sitharaman BRS MLC K Kavitha Kalvakuntla on Wednesday said that the income tax rebate on income up to Rs 7 lakhs in the new tax regime is of no use to the people of Telangana. “This budget mathematical confirmation of the failure of…
[ad_1] Delhi: Insurance policies where the premium is over Rs 5 lakh will no longer be tax-exempt, as per the provisions in the Union Budget 2023-24. Kapil Mehta, Co-founder, SecureNow Insurance Broker said the income from traditional insurances where the premium is over Rs 5 lakh will not be tax exempt. While, this will dampen…
[ad_1] Finance Minister Nirmala Sitharaman is presenting the Union Budget for 2023 in the Parliament. This is the last full-year budget before the national elections in 2024, announcing a series of tax reliefs, Nirmala Sitharaman has give a huge relief to and announced six tax slabs and rebate has been extended on income up to…
[ad_1] Finance Minister Nirmala Sitharaman announced that the income tax rebate is extended on income up to Rs 7 lakhs in the new tax regime. “I introduced in 2020, the new personal income tax regime with 6 income slabs, starting from Rs 2.5 Lakhs. I propose to change the tax structure in this regime by…
[ad_1] FEATURES & BENEFITS Deposit Amount Rs. 1000/- and its multiples. Tenure 5 to 10 years. Options Available Option I (TSTDS –I): Here, simple interest is applied on quarterly basis as in the case of a FDR and is paid to the customer in cash or credited to his /her account every quarter. Option II (TSTDS…
[ad_1] London: British Prime Minister Rishi Sunak on Sunday sacked one of his Cabinet ministers and Conservative Party chairman, Nadhim Zahawi, after he was found to have been in serious breach of the Ministerial Code. Zahawi, who was a minister without portfolio as the chief of the governing Tory party, had faced fierce pressure in…