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Tax Relief News

27 Jan 2022

Budget 2022: After 8 long years, Taxpayers might get good news this budget

People have high hopes pinned to this budget other than giving a boost to economic growth this budget might bring in great relief to taxpayers. For long there hasn't been any major announcement for taxpayers which directly benefits them by making such an announcement the government might woe the hearts of millions of taxpayers across the country. The IBA has demanded that 3 years FD should be made tax-exempt.

15 Feb 2017

I-T dept to scrutinise tax relief claims by sick companies

The I-T Department has asked Assessing Officers to scrutinise tax relief being claimed by sick companies as part of the rehabilitation scheme approved by the BIFR.

30 Dec 2016

Arun Jaitley gave indications of relief in tax

12 Sep 2016

Pay tax under dispute resolution scheme on time to get relief

CBDT today said assessees taking advantage of the Direct Tax Dispute Resolution Scheme, 2016, will be required to pay the taxes within the stipulated period to avail the relief under the scheme.

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