Search results for Tax Relief

MRF Gets Full Relief as Rs. 182.08 Crore Income Tax Demand Reduced to Nil

MRF Gets Full Relief as Rs. 182.08 Crore Income Tax Demand Reduced to Nil MRF Limited informed the stock exchanges about its ongoing tax disputes. The company had filed appeals wit...

Unexplained Credit Relief? The Finance Act 2026 Gives with One Hand — Takes Away with the Other

Unexplained Credit Relief? The Finance Act 2026 Gives with One Hand — Takes Away with the Other At first glance, the Finance Act, 2026 appears to have delivered a major relief to t...

Tax reform brings relief to armed forces, personnel to take home more under hardship allowance

The Income Tax Rules, 2026, effective from April 1 fixes decades-old anomalies in the old tax regime by removing outdated complex exemption limits

Government Announces Possible Income Tax Relief in Upcoming Budget

ISLAMABAD: The salaried class is likely to receive significant tax concessions in the Federal Budget 2026–27, as the government considers reducing the tax burden rather than increa...

Tax Relief is Delivering for Working Families and Small Businesses

Relief for Senior Citizens Above 75: Understanding Form 125 and ITR Exemption

Relief for Senior Citizens Above 75: Understanding Form 125 and ITR Exemption From April 2026, relief has been provided to senior citizens. Eligible senior citizens will not have t...

Cannabis tax relief is here, for some

The Justice Department's order delivers meaningful tax relief to the medical cannabis industry and signals a serious federal effort to align with state laws.

Tax allowance update as savers 'gift' to reduce HMRC bills

There are methods to reduce tax when the times comes and many people are using them, according to new research

UK Rebates and Reductions You Could Claim in 2026

Hundreds of millions in UK rebates and reductions go unclaimed each year. Find out which tax refunds, discounts and reliefs to claim in 2026. The post UK Rebates and Reductions You...

BSNL Ex-Gratia Scheme: ITAT Allows Full Exemption Despite 1400+ Days Delay – Big Relief for Taxpayers

BSNL Ex-Gratia Scheme: ITAT Allows Full Exemption Despite 1400+ Days Delay – Big Relief for Taxpayers   In a significant and taxpayer-friendly ruling, the Pune ITAT has delivered m...

Bilal Kayani signals relief for taxpayers ahead of budget

ITAT Delhi Grants Major Relief to Taxpayer, Deletes LTC Loss Disallowance and Rs 5,000 Late Fee

ITAT Delhi Grants Major Relief to Taxpayer, Deletes LTC Loss Disallowance and Rs 5,000 Late Fee The ITAT Delhi recently ruled in favour of Mr Prakash Chand Agrawal by allowing appe...

Man pays ‘zero tax’ on Rs 5 crore land sale despite filing ITR late; why ITAT gave tax exemption

Mumbai ITAT grants capital gains tax relief to a taxpayer who filed his Income Tax Return late. The tribunal ruled that reinvesting gains into a new property before a belated retur...

Supreme Court Upholds Withdrawal of Tax Exemption, Grants One-Year Transition Relief to Reliance

Supreme Court Upholds Withdrawal of Tax Exemption, Grants One-Year Transition Relief to Reliance The State had granted exemption from electricity duty to industries generating powe...

Ruto Announces Tax Relief Plan for Salaried Kenyans

Ruto revealed that he had already directed the national treasury to come up with a proposal to remove taxes from all low income earners in the country.

GOP Looks to Expand Tax Relief, ‘Even Better’ Than ‘One Big, Beautiful Bill’

The GOP is keeping tax policy in the headlines with a successful Tax Day, as Americans can expect an average $3,000 refund. Members are now... Read More The post GOP Looks to Expan...

The $250 Rebate: Which States Are Sending Out Surprise Tax Checks This Month (and Who Is Excluded)

With inflation still squeezing household budgets, surprise tax rebates and relief checks are becoming one of the most talked-about financial stories of 2026. Several states...

UK households told of £16,000 HMRC allowance as Rachel Reeves told to scrap hated tax

An expert has reminded savers of current rules that enable them to pass on some money to their children.

HMRC tax code changes 2026: Why your pay could drop

HMRC tax code changes 2026 strip employment expenses and Gift Aid relief from PAYE codes from April. Check your code now to see if you’re owed a refund. The post HMRC tax code chan...

BT Explainer: Set to retire? How ₹25 lakh leave encashment can be tax-free

Leave encashment is a crucial component of retirement planning and tax optimisation. While government employees enjoy full exemption, private sector employees must rely on the “lea...

Salaried class pays Rs420b tax

Real estate sector contributes Rs197b as govt weighs tax relief proposals

Relief For Land Owners as County Grants 100% Waiver on Land Rate Penalties

The waiver is anchored in the Constitution of Kenya and relevant legal provisions, including the Public Finance Management Act and the Rating Act, giving the county the legal autho...

Tax relief tug-of-war: Lawmakers divided on balancing budget and savings

HONOLULU (KHON2) -- A budget battle at the State Capitol. While rejecting the Governor's proposal to pause tax credits for the next five years, both the House and Senate say they w...

HMRC BADR Letter 2026: The £1m Lifetime Limit Trap

Received an HMRC BADR letter in 2026? What the £1m lifetime limit nudge letters mean and the 30-day deadline business owners need to know. The post HMRC BADR Letter 2026: The £1m L...