Mumbai, March 24 (IANS) Producer Ektaa Kapoor has set the sequel to her production ‘The Sabarmati Report’. Tilted ‘The Terror Report’, the sequel draws from the devastating terror attacks against India and the nation’s hard and crushing retaliation. The feature expands the canvas to bare the continuing, unfinished story of India’s war against cross-border terror. It blends investigative intrigue, intelligence operations, and deep human stories. The film delves into the most recent, t…
Latest Tax Exemption News & Updates
Mumbai, March 2 (IANS) In a major move providing significant financial relief to Mumbaikars, the Brihanmumbai Municipal Corporation (BMC) has approved a proposal to increase the property tax waiver limit for residential homes. Under the new resolution passed unanimously by the municipal body, the exemption limit has been raised from 500 square feet to 700 square feet.This decision is being viewed as a major “gift” to citizens from the newly-formed Mahayuti alliance and the city’s new Mayor.The e…
New Delhi, Feb 4 (IANS) As the Union Budget announced tax holiday for data and cloud centre companies, Finance Ministry sources on Wednesday clarified four essential conditions for foreign firms to meet to become applicable for the exemption.The exemption is available from tax year 2026-27 onwards till tax year 2046-47, to “a foreign company which provides cloud services globally including in India,” sources said.Four essential conditions must be satisfied by the foreign company to qualify for t…
New Delhi, Feb 1 (IANS) In a major relief initiative for victims of road accidents and their families, Union Finance Minister Nirmala Sitharaman announced during the presentation of the Union Budget for 2026-27 on Sunday that the interest accrued on motor accident compensation claims will be fully exempt from income tax. This proposal, aimed at ensuring victims receive the complete amount without deductions, also eliminates Tax Deducted at Source (TDS) on such interest payments. The announcement…