Sentences with phrase «indian income tax act»

According to tax department officials, the raids — conducted under section 133A of the Indian Income Tax Act — were performed in order to collect the identities of digital currency investors, their transactions, the bank accounts used, emails, and other data.

Besides acting as a financial back up, insurance policies also help you save on your tax under Indian Income Tax Act.

The section 80C of the Indian Income Tax Act allows exemption for life insurance premiums up to Rs. 1.5 lakh per annum.

10,10 (D) of Indian Income Tax Act.

Endowment policies provide tax benefits under the Indian Income Tax Act.

Tax benefits, under the Section 80C of the Indian income tax act, are available for the premiums paid by the policyholders.

Investing in ELSS can get you tax exemption under the section 80C of the Indian Income Tax Act.

Buying a family floater plan and paying the premium for the same, you can avail the tax benefit under Section 80D of Indian Income Tax Act.

As per the provisions under Section 80D of the Indian Income Tax Act 1961, the total deduction allowed on expenses incurred on medical treatment of specified diseases for individuals and Hindu undivided families in case of senior citizens is Rs. 60000 and in case of very senior citizens is Rs. 80000.

All life insurance premium paid under a money back policy qualifies for tax deductions under section 80C of the Indian Income Tax Act, up to the specified limit, as long as the premium is less than 10 % of the sum assured.

In this union budget, the government of India decided to lift the maximum tax deduction limit of health insurance premium for senior citizens under Section 80D of the Indian Income Tax Act 1961.

You benefit from tax deductions under Section 80C of the Indian Income Tax Act.

Tax Savings: The premium paid towards money back policy is entitled to tax deductions under the section 80C of Indian Income Tax Act, 1961.

All the premiums paid are tax exempted under section 80C of the Indian Income Tax Act.

Under this plan, the premiums paid by the policy holders are tax exempt under Section 80D of Indian Income Tax Act.

Apart from the above mentioned benefits, this plan offers tax benefits on the premium payments under Section 80D of the Indian Income Tax Act, 1961.

The online money income plans as well as monthly income plans brought the traditional way offer tax benefits under section 80C and section 10 (10D) of the Indian Income Tax Act.

Section 80C of Indian Income Tax Act of India gives you a chance to claim refunds on your taxable income by putting your money in certain top mutual funds, also known as tax - saving mutual fund schemes.

Premiums paid under the Future Generali Life Insurance Care Plus Plan qualify for tax benefits under Indian Income Tax Act.

Tax - saving implies that there are certain provisions in the Indian Income Tax Act that allows an individual to save tax by investment in some particular investment instruments (like ELSS mutual funds or Life insurance premium etc., under Section 80c) or when the taxpayer has incurred some expenses on which tax liability can be minimized to some extent (Example — HRA, LTA etc.,).

The Indian Income Tax act allows for certain Tax Deductions / Tax Exemptions which can be claimed to save tax.

Not exact matches

Business Development: Brokering various business dealings that further the diversification of Indian economies Developing and accessing commercial financial programs and services for tribal governments, including tax - exempt offerings and federally - guaranteed housing loans Serving as issuer or underwriter's counsel in tribal bond issuances Ensuring tribal compliance with Bank Secrecy Act and other federal financial regulatory requirements Handling federal and state income, excise, B&O, property and other tax matters for tribes and tribal businesses Chartering tribal business enterprises under tribal, state and federal law Registering and protecting tribal trademarks and copyrights Negotiating franchise agreements for restaurants and retail stores on Indian reservations Custom - tailoring construction contracts for tribes and general contractors Helping secure federal SBA 8 (a) and other contracting preferences for Indian - owned businesses Facilitating contractual relations between tribes and tribal casinos, and gaming vendors Building tribal workers» compensation and self - insurance programs Government Relations: Handling state and federal regulatory matters in the areas of tribal gaming, environmental and cultural resources, workers» compensation, taxation, health care and education Negotiating tribal - state gaming compacts and fuel and cigarette compacts, and inter-local land use and law enforcement agreements Advocacy before the Washington State Gambling Commission, Washington Indian Gaming Association and National Indian Gaming Commission Preparing tribal codes and regulations, including tribal court, commercial, gaming, taxation, energy development, environmental and cultural resources protection, labor & employment, and workers» compensation laws Developing employee handbooks, manuals and personnel policies Advocacy in areas of treaty rights, gaming, jurisdiction, taxation, environmental and cultural resource protection Brokering fee - to - trust and related real estate and jurisdictional transactions Litigation & Appellate Services: Handling complex Indian law litigation, including commercial, labor & employment, tax, land use, treaty rights, natural and cultural resource matters Litigating tribal trust mismanagement claims against the United States, and evaluating tribal and individual property claims under the Indian Claims Limitation Act Defending tribes and tribal insureds from tort claims brought against them in tribal, state and federal courts, including defense tenders pursuant to the Federal Tort Claims Act Assisting tribal insureds in insurance coverage negotiations, and litigation Representing individual tribal members in tribal and state civil and criminal proceedings, including BIA prosecutions and Indian probate proceedings Assisting tribal governments with tribal, state and federal court appeals, including the preparation of amicus curiae briefs Our Indian law & gaming attorneys collaborate to publish the quarterly «Indian Legal Advisor ``, designed to provide Indian Country valuable information about legal and political developments affecting tribal rights.

Jeff Pniowsky, a Tax Dispute Resolution Lawyer with Thompson Dorfman Sweatman LLP, a Winnipeg based law firm, successfully acted on behalf of the intervenor, Assembly of Manitoba Chiefs in the Supreme Court of Canada (SCC) cases of Bastien and Dube (2)-- dealing with tax exemption related to property and interest income on Indian reservTax Dispute Resolution Lawyer with Thompson Dorfman Sweatman LLP, a Winnipeg based law firm, successfully acted on behalf of the intervenor, Assembly of Manitoba Chiefs in the Supreme Court of Canada (SCC) cases of Bastien and Dube (2)-- dealing with tax exemption related to property and interest income on Indian reservtax exemption related to property and interest income on Indian reserves.

January 1, 2002 - In This Issue: Domain Names Revisited; Aboriginals, Income Tax and the Indian Act; Congratulations; What's New in Federal Legislation; What's New in Provincial Legislation; Fillmore Riley News; (1.6 MB) Read more...

Kelly v. Minister of National Revenue 2013 FCA 171 Indians, Inuit and Métis — Taxation — Exemption — Personalty on reserve The taxpayer, an Indian within the meaning of the Indian Act, appealed from income tax assessments for taxation years 1994 to 2003 inclusive, on the basis that his business income was «personal property situated on a reserve» within the meaning of s. 87 of the Indian Act and was therefore exempt from tax.

The zero tax liability incomes are found Under Section 10 of the Indian Tax Act of 1961 and tax deductions are available under the Section 8tax liability incomes are found Under Section 10 of the Indian Tax Act of 1961 and tax deductions are available under the Section 8Tax Act of 1961 and tax deductions are available under the Section 8tax deductions are available under the Section 80C.

The Income Tax Act of 1961 defines an NRI or a Non Residential Indian on the basis of the number of days of an individual's stay within India in a specific financial year.

Any person who has been an Indian resident for the year of assessment and has suffered from at least 40 percent disability as spelt out by the law, qualifies for tax deductions under Income Tax Act 19tax deductions under Income Tax Act 19Tax Act 1961.