News Muncher - category slabs

22 hours, 56 minutes ago

DC Edit | Rationalise GST in two slabs

The Goods and Services Tax Council meeting appears to have ended up as a no-event without taking any major decision. While on one hand the government advocates rationalisation of tax slabs, on the other, it proposed three different rates for popcorn based on its taste and packaging. Pre-packed and labelled salted and spicy, ready-to-eat popcorn will attract 12 per cent …

Tax Gst Caramel Popcorn Caramel Popcorn

Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul

The Hindu

Exhorting the Narendra Modi government to show the courage to overhaul the Goods and Services Tax regime citing the “absurdity” of three different tax slabs for popcorn under the present system, the Congress on Sunday said the current complexities in the system had thrown open several loopholes leading to tax evasion. In a long post on X, Congress General Secretary …

Tax Congress Ramesh Gst Popcorn Different Tax Slabs

2 weeks, 5 days ago

California bill calls for certification for stonecutting shops amid worker deaths from silicosis

LA Times

New legislation in Sacramento aims to address a rise in countertop cutters suffering an incurable and fatal disease by imposing new requirements on businesses, including safety training for workers. Senate Bill 20, introduced this week by state Sen. Caroline Menjivar, would set up a certification system for the fabrication shops where workers cut, grind and polish stone slabs to fashion …

Safety Workers California Certification State Bill Stone

3 weeks, 1 day ago

Mumbai-Ahm bullet train corridor speeds ahead with track slab factory in Surat

Hindustan Times

MUMBAI: The Mumbai-Ahmedabad bullet train corridor reached a significant milestone on Saturday with the establishment of its first track slab manufacturing factory in Surat. Mumbai-Ahm bullet train corridor speeds ahead with track slab factory in Surat The National High Speed Rail Corporation Limited unveiled the state-of-the-art factory with a production capacity of 120 slabs per day. Expansion plans in Maharashtra …

Mumbai Factory Track Slab Surat Slabs Train Corridor

It is time India started indexing tax slabs and exemptions with inflation

Live Mint

NEW DELHI : One of the big stories of the Indian economy has been the sharp increase in personal income tax collections. As the government’s revenue from personal income tax rises, it will likely face greater scrutiny and higher taxpayer expectations regarding the tax system's efficiency, transparency, stability, and fairness. The old tax regime evolved over several decades, allowing individuals …

India Tax Inflation Indian Income Regime Increase

1 month, 3 weeks ago

IPL Retention: Each Team Has a Unique Purse Ahead of Mega-Auction

India Today

The IPL retention list has been officially announced, with teams having to adhere to new retention slabs. The purse left for each franchise has been calculated, with teams having the opportunity to retain players below the slabs for 5 consecutive years for a reduced price. The total purse for each franchise has been determined, with teams having to pay the …

Mumbai

1 month, 3 weeks ago

IPL Retention: How much purse does each team have ahead of mega-auction?

India Today

The IPL retention list has been officially announced, with teams having to adhere to new retention slabs. The purse left for each franchise has been calculated, with teams having to pay a base price and an additional amount if they retain players above the slabs. The total purse left for each franchise is now Rs 75 crore, with teams having …

New Delhi

1 month, 3 weeks ago

7-Year-Old Boy Found Dead in Delhi's Open Drain: CCTV Footage Reveals the Tragic Incident

ABP News

A seven-year-old boy was found dead in an open drain in Delhi's Mustafabad area. The incident was caught on a CCTV camera, which helped police crack the case. The boy went missing around 6 pm on October 23 and was last seen in the Chaman Park area in Indira Vihar. CCTV footage showed the boy roaming in the area after …

Law Crime Safety Investigation New Delhi

2 months ago

Safer stone? New countertop options emerge amid concerns over silicosis and worker deaths

LA Times

A Cosentino store in West Hollywood. But amid legal battles and calls to ban engineered stone, some companies have also begun offering newer products that are lower in crystalline silica. Dr. Ryan Hoy, senior research fellow at Monash University’s Centre for Occupational and Environmental Health in Melbourne, said that many of the new products are made with a form of …

Safety Market Products New Products Workers California Stone

3 months ago

GoM Meeting: Bihar Deputy Chief Minister leads GST rate rationalisation push

Live Mint

A ministerial panel on Goods and Services Tax rate rationalisation is set to convene on September 25 in Goa, where it will likely discuss possible adjustments to tax slabs and rates, PTI reported. At the August meeting, the GoM directed the fitment committee—comprising tax officials from both the Centre and states—to assess the impact of potential tax rate changes on …

Tax Minister Pti Meeting Gom Gst Rate Leads Gst

3 months, 1 week ago

Transport Nagar collapse: Guj experts begin inspection of slabs, columns & beams

Hindustan Times

Days after the collapse of a building in the city’s Transport Nagar, a team of experts from Gujarat’s National Forensic Science University on Tuesday took up its investigation into the reasons that led to the mishap. It reached the state capital and went to the site, where it is expected to conduct detailed measurements of the structural components, including slabs, …

Building

4 months, 3 weeks ago

AAP question’s LG, BJP ‘silence’ on Ghazipur drowning deaths, seeks action on DDA officials

Hindustan Times

New Delhi The spot where the incident took place. The Municipal Corporation of Delhi alleged that the part of the drain where the incident took place was under the jurisdiction of DDA, which, in return, alleged that the drain was under MCD’s jurisdiction. Calling the AAP’s blame game “unfortunate”, the statement added: “Ten years of deliberate inaction, lack of development …

Delhi Jurisdiction Incident Statement Officials Bjp Rcc

4 months, 4 weeks ago

Divers find long lost carvings of Tutankhamun's grandfather and other Egyptian pharaohs at bottom of Nile River

Daily Mail

Ancient carvings featuring the faces of Tutankhamun's grandfather and other ancient Egyptian pharaohs have been rediscovered. Archaeologists have discovered mysterious carvings of ancient Egyptian pharaohs that have been submerged underwater for decades During their exploration of the Nile River, archaeologists uncovered rock slabs containing hieroglyphic inscriptions and carvings of King Tatmas IV who ruled in the early 14th Century BC …

Egyptian Lost King Carvings Aswan Nile River

4 months, 4 weeks ago

Union Budget 2024 reforms of the new tax regime may reduce tax burden and allow option to choose again

Hindustan Times

Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in the parliament on July 23, proposing new changes in the income tax slabs of the new tax regime. Nirmala Sitharaman pictured at the Lok Sabha on July 23, with the Union Budget What are the latest income tax slabs in the new tax regime? Up to ₹3 lakh: NIL ₹3-7 …

Tax Income Lakh Regime Read Nirmala Sitharaman Union Budget

4 months, 4 weeks ago

New income tax regime: Check how much tax you will pay now

India Today

Finance Minister Nirmala Sitharaman announced key changes to the New Income Tax regime, tweaking tax slabs and increasing the standard deduction. Read Full Budget 2024 Coverage The Finance Minister highlighted that over two-thirds of tax filers chose the new personal income tax regime in the last fiscal year. New Tax Regime after revision The revised tax slabs under the New …

Income Tax Nil Lakh Regime Standard Deduction Rs 3 Lakh

5 months ago

Revised income tax slab rates, Budget 2024: Salaried individuals stand to save up to ₹17,500, standard deductions hiked

The Hindu

Altering the structure for taxation of income under the new regime, Finance Minister Nirmala Sitharaman on Tuesday revised the tax slabs whilst retaining the erstwhile corresponding tax rates other than increasing the standard deductions. The two measures combined, she stated, would provide relief to “about four crore salaried individuals and pensioners.” More under new regime According to Deepashree Shetty, Partner …

Finance Tax Income Lakh Regime Individuals Stand

5 months ago

Union Budget 2024: Should you pick new tax regime? How can you save Rs 17,500 in income tax every year?

Firstpost

In the Union Budget 2024, Finance Minister Nirmala Sitharaman announced a revision of tax slabs under the new regime. The lowest slab in the new tax regime increased to Rs 3 lakh from Rs 2.5 lakh. The tax structure is proposed to be revised as follows: No tax for those earning up to Rs 3 lakh 5 per cent tax …

Budget Union Income 2024 Pti Old Lakh

5 months ago

Afternoon briefing: New tax regime slabs revised in Budget 2024; IIT Delhi's submission to SC in NEET row; and more

Hindustan Times

Finance minister Nirmala Sitharaman said that new tax regime slabs will be changed and standard tax deduction increased from 50,000 to 75,000. Union Minister of Finance and Corporate Affairs Nirmala Sitharaman carrying the Budget tablet More news on Union Budget 2024-25 Budget: Sitharaman announces financial aid for student loans up to ₹ 10 lakh A panel of experts from Indian …

Indian Iit Pti Nirmala Sitharaman Dravid Iit Delhi Mallika

5 months ago

Old vs proposed income tax slabs under new regime. What has changed?

Hindustan Times

Union finance minister Nirmala Sitharaman on Tuesday proposed a new tax structure under the new regime. Budget 2024: Mobile phones, chargers to get cheaper; Nirmala Sitharaman proposes cut in customs duty The new tax slabs under the new income tax regime will be effective from April 1, 2024.. Proposed Tax Structure: Income up to ₹ 3,00,000: Nil 3,00,000: Nil ₹ …

Structure Tax Income Tax Income Lakh Regime Proposed

5 months ago

Budget 2024: Income tax slabs changed, standard deduction increased. Read details

Op India

On Tuesday, Finance Minister Nirmala Sitharaman presented the Annual Financial Statement before the Lok Sabha. The Finance Minister has given relief to taxpayers who choose to opt for the New Tax regime as the tax slabs have been revised and the Standard deduction limit has been increased from Rs 50,000 to Rs 75,000. Personal Income Tax: The Union Finance Minister …

Finance Tax Income Tax Income Lakh Regime Sitharaman

5 months ago

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

The Hindu

Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. Whilst the rate of taxation remains unchanged, the size of each of the slabs, excluding the initial zero to ₹3 lakh, remains unchanged. Budget 2024-25: Taxes Earlier, the Finance Minister further placed increasing the standard deduction for salaried employees from …

Finance Budget Income Tax Sitharaman Lakhs Tax Slabs Lakh Remains

5 months ago

New tax regime slabs revised, standard deduction hiked to Rs 75,000. Details here

India Today

Finance Minister Nirmala Sitharaman revamped income tax slabs under the new regime in Union Budget 2024 in a bid to make it more attractive. The Finance Minister said that the tweaked tax slabs would save salaried individuals Rs 17,500 annually under the new regime. The updated tax slabs are as follows: income up to Rs 3 lakh will be taxed …

Finance Tax Lakh Rs 10 Lakh Rs 3 Lakh Rs 15 Lakh Rs 7 Lakh

5 months ago

Budget 2024 announcements on new tax regime: Standard deduction increased, check new tax slabs

India TV News

Finance Minister Nirmala Sitharaman on Tuesday presented her seventh straight Budget for the fiscal 2024-25. Informing that fiscal deficit estimated at 4.9% of GDP, Sitharaman said that the people have reposed their faith in the government led by PM Modi and re-elected it for the historic third term. Sitharaman said, "I announce a comprehensive review of the Income Tax Act …

Tax Sitharaman

5 months ago

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime

India TV News

Uttar Pradesh CM Yogi Adityanath's reaction on Union Budget: "Under the guidance of PM Modi, in the new parliament of the country, the Finance Minister has laid down the general budget of the country which is - inclusive, development-oriented and one which will fulfil the aspirations of 140 cr people. The new tax slabs announced in the budget are welcoming." …

Budget This Budget

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Articles for Slabs

DC Edit | Rationalise GST in two slabs

Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul

California bill calls for certification for stonecutting shops amid worker deaths from silicosis

Mumbai-Ahm bullet train corridor speeds ahead with track slab factory in Surat

It is time India started indexing tax slabs and exemptions with inflation

IPL Retention: Each Team Has a Unique Purse Ahead of Mega-Auction

IPL Retention: How much purse does each team have ahead of mega-auction?

7-Year-Old Boy Found Dead in Delhi's Open Drain: CCTV Footage Reveals the Tragic Incident

Safer stone? New countertop options emerge amid concerns over silicosis and worker deaths

GoM Meeting: Bihar Deputy Chief Minister leads GST rate rationalisation push

Transport Nagar collapse: Guj experts begin inspection of slabs, columns & beams

AAP question’s LG, BJP ‘silence’ on Ghazipur drowning deaths, seeks action on DDA officials

Divers find long lost carvings of Tutankhamun's grandfather and other Egyptian pharaohs at bottom of Nile River

Union Budget 2024 reforms of the new tax regime may reduce tax burden and allow option to choose again

New income tax regime: Check how much tax you will pay now

Revised income tax slab rates, Budget 2024: Salaried individuals stand to save up to ₹17,500, standard deductions hiked

Union Budget 2024: Should you pick new tax regime? How can you save Rs 17,500 in income tax every year?

Afternoon briefing: New tax regime slabs revised in Budget 2024; IIT Delhi's submission to SC in NEET row; and more

Old vs proposed income tax slabs under new regime. What has changed?

Budget 2024: Income tax slabs changed, standard deduction increased. Read details

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

New tax regime slabs revised, standard deduction hiked to Rs 75,000. Details here

Budget 2024 announcements on new tax regime: Standard deduction increased, check new tax slabs

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime