A day ahead of the Union Budget 2013, speculations are that Finance Minister P Chidambaram is likely to present a political budget ahead of the polls. But the question is whether it will reduce taxes for the aam aadmi. ...
09:29 AM, Feb 27, 2013
The Budget is just around the corner and in CNN-IBN's 'Axe the tax', people demand increase in tax exemption limit to at least Rs 2 lakh, which may encourage more savings and boost saving options. ...
05:05 PM, Feb 23, 2013
The Budget is just around the corner and in 'Axe the tax' CNN-IBN met some senior citizens who want the government to stop levying tax on their bank interests and rental income. ...
09:26 AM, Feb 21, 2013
In the run up to the Budget Session, CNN IBN's 'Axe the tax' gets voices of Indians on their expectations from Budget 2013. A Chennai resident Ravikumar says he is hoping for tax deduction limit on housing loans. ...
10:50 AM, Feb 20, 2013
In the run up to the Budget Session, CNN-IBN's 'Axe the tax' touches upon upon tax breaks on tuition fees. With educational costs rising, most parents believe more tax exemptions are required. CNN-IBN met up with a family in Mumbai. ...
09:49 AM, Feb 19, 2013
In the run up to the Budget, CNN-IBN's Axe the Tax campaign looks at how does one save for their retirement and family. But the question is whether the government is encouraging the Indian citizens to put away enough. ...
09:24 AM, Feb 18, 2013
CNN-IBN's Axe the Tax campaign took your tax wishlist to the Finance Minister - with the six taxes that you want the Government to axe. ...
12:18 PM, Mar 14, 2012
New Delhi: CNN-IBN presented Axe The Tax proposals to Finance Minister Pranab Mukherjee, who will present the Union Budget on March 16, on Tuesday. Axe the Tax proposals are those s taxes which the common man wants to be modified or abolished. The Axe The Tax for financial year 2012-13 include six proposals. The first point is raising of savings exemption limit under Section 80C which is currently Rs 1,20,000...
01:21 PM, Mar 13, 2012
Kolkata: A senior citizen Manik Dabriwal wants tax laws to be amended so that citizens above the age of 60 years can claim deductions on the medical insurance premium paid by dependents. Manik, a 70-year-old businessman, spends his days catching up on the news that is something he didn't have time for when he was young. In his twilight years, Manik hopes to reap the benefit of his age, as...
08:48 AM, Mar 13, 2012
Jaipur: Finance Minister Pranab Mukherjee will present the Budget on March 16. A hotelier from Jaipur Prithvi Singh from Jaipur requests the Fiance Minister to remove the tax on clubbable income provision from the Income Tax Act. It's a week short of Prithvi and Pratibha Singh's 16th wedding anniversary and Prithvi wants to gift his wife something special. She wishes for a part of heritage property to do something of...
09:57 AM, Mar 12, 2012
New Delhi: Ever since the govt announced a new service tax on healthcare services this union budget, pressure has been growing to announce a roll-back. Noted cardiac surgeon Dr Devi Shetty launched a nation-wide appeal - calling this a misery tax. Dr Devi Shetty, Cardiologist and Chairman, Narayana Hrudaylaya said, "India spends less than 1 per cent of its GDP on health care. Less than 10 per cent of the...
08:41 PM, Mar 09, 2011
By R Jagannathan, Editor-in-chief, Web 18 business portals The Union Budget for 2011-12 presented by Finance Minister Pranab Mukherjee to Parliament on Monday is widely seen as taxpayer- and market-friendly. While it provides tax relief to individual taxpayers and corporate assessees, it has also sought to avoid any across-the-board increases in excise and service taxes – as was widely expected following suggestions from the Prime Minister's Economic Advisory Council. The...
05:38 PM, Feb 28, 2011
As India gets ready for Budget 2011, CNN-IBN brings you five taxes that Indians do not want. ...
09:10 PM, Feb 26, 2011
New Delhi: While corporates and political parties lobby for better deal, ordinary tax payers are the ones who often get a raw deal during the budget. ‘Axe the Tax’, a CNN-IBN campaign has been taking people’s concerns to the Finance Minister for the last four years. Powered by citizens, the campaign has got finance ministers to change or tweak some of the outdated tax laws in the country. This year...
09:45 AM, Feb 26, 2011
New Delhi: Tax experts always tell us to save, but is the government encouraging us to put away enough? Little Vivan was playing under the watchful gaze of his parents. But while Vivan was be happy-go-lucky, his parents have other things on their minds - how to save for their family, and how much to save. "Having a baby means an additional member of the family and the resultant additional...
10:40 AM, Feb 23, 2011
Software professional Johnson John appeals FM to make tution fee a separate deduction. ...
09:54 AM, Feb 22, 2011
Bangalore: Salaried citizens have asked the Finance Minister to bring back standard deduction - a tax exemption for work related expenses. Adarsh Kumar is a father of two children and an employee in a Knowledge Process Outsourcing company (KPO). As a salaried employee, there are limited deductions allowed from his income and he is worried about finding ways to keep his money in his wallet. "Tax saving is absolutely of...
11:14 AM, Feb 21, 2011
Currently the aggregate amount of deduction for a wide range of investments cannot exceed Rs 1,20,000. Should this limit be increased to Rs. 2,00,000?
03:02 PM, Feb 09, 2011
CJ Abhishek Jain had appealed FM to hike savings exemptions. ...
11:42 PM, Feb 26, 2010
Know more about what people wish in this Budget. ...
05:04 PM, Feb 23, 2010
