coronavirus, flights, aircrafts, airlines, aviation

Tax holiday on capital gains, tax exemption for aircraft lease rentals paid to foreign lessors

Do you get intimidated by Budget terminology? Business Standard's Bindisha Sarang explains a glossary of terms used by the Finance Minister in her speech on February 1. Watch this short video on five key things you should about the Union Budget.

Union Budget made easy: Five key things you need to know

Beyond Headlines with AKB

Spurring demand or increasing investments -- what is the bigger challenge for the FM in this Budget? Tune in to learn why it would be prudent for the govt to allocate more for capital expenditure

The Budget is going paperless. The move was expected, as printing documents during Covid pandemic is problematic. So, how should people access the documents? In the sixth episode of ‘Beyond Budget Headlines with AKB’, Business Standard’s special video series in the run-up to Budget 2021, we also discuss the speculation and consequences of raising the tax exemption limit and the possibilities of implementing a Covid cess or surcharge. The move of raising exemption limit could see income tax rates increasing for those earning above Rs 5 lakh, says our in-house policy expert A K Bhattacharya, as he terms it a 'dangerous' proposal.

Spurring demand or increasing investments -- what is the bigger challenge for the Finance Minister in this Budget? Watch this episode to learn why it would be prudent for the government to allocate more for capital expenditure

Beyond Budget Headlines: Raising tax exemption limit a 'dangerous' proposal

electric vehicles, e-vehicle

Park will be country's first for electric vehicles; state eyes Rs 50,000 cr investment in EV space

chart

Under cash scheme, now extended to private-sector employees, 3x the LTC fare has to be spent

investment,saving, money, retirement, rupee

Contributions to NPS may need to be scaled down

Chart

Experts see the Budget announcement positive for investments both in InvITs and the toll-operate-transfer mode (TOT)

budget, companies

Abolishing DDT will attract investments, said Ajit Menon, CEO of PGIM India Mutual Fund

Income Tax

Tax changes on ISPRL will be effective April 1

Trustee, trusts

With the income tax department cancelling Tata Trusts registration, the first of a two-part article examines the flaws in the laws governing charitable trusts

Income Tax, Tax

The department sought comments from stakeholders by November 12 on the amended rules and application forms seeking tax exemptions by such entities

SC ruling on tax exemption may trigger a fresh slew of litigation

Experts say the SC ruling should help cut down on protracted litigation related to interpretation of exemption provisions

Page 2 - Tax Exemption

Budget 2021 offers tax sops for aircraft leasing in GIFT City

Union Budget made easy: Five key things you need to know

Raising exemption limit at the cost of tax reform a 'dangerous' proposal

Beyond Budget Headlines: Raising tax exemption limit a 'dangerous' proposal

Tamil Nadu grants 100% vehicle tax waiver to EVs, plans dedicated park

LTC cash voucher scheme: If you spend less, tax benefit will be lower

Limit on employer's contribution to retirement plan: All questions answered

Tax incentives for sovereign funds to boost public sector monetisation

A big positive in this Budget is tax exemptions: PGIM India Mutual Fund CEO

After foreign companies, budget gives income tax exemption to ISPRL

A question of trusts

I-T department proposes online filing of tax exemption application

SC ruling on tax exemption may trigger a fresh slew of litigation