WebJan 14, 2024 · A bench of Justices M R Shah and B V Nagarathna said no justification has been shown to exclude a Sikkimese woman from the Income Tax exemption. “Apart from the above, the same is clearly hit by Articles 14, 15 and 21 of the Constitution of India. The discrimination is based on gender, which is wholly violative of Articles 14, 15 and 21 of ... WebApr 14, 2024 · Two more groups have been included in ‘Sikkimese’ definition eligible for income tax exemption under the amended Section 10 (26AAA) of Income Tax Act 1961 as listed among several amendments in the Union Finance Bill 2024. The new additions are those old settlers domiciled in Sikkim on or before the merger date of April 26, 1975, and …
CT income tax exemption for retirement earnings could expand
WebFeb 6, 2024 · The Union Home Ministry has filed a review petition in the Supreme Court after the top court’s verdict on income tax exemption for the Sikkim’s old settlers including the Marwari population, called the … WebApr 10, 2024 · Later, addressing a press conference, the CM asserted that the rights of the Sikkimese people have not been compromised in any way and that Union Finance Minister Nirmala Sitharaman has clarified that the expansion of the Sikkimese definition was only for Income Tax exemption. how many acres is 3500 sq ft
MHA files review plea in SC on observations on …
WebApr 15, 2024 · The UAE’s new CT regime taxes businesses on their accounting net profit adjusted for specific items, with a 9% tax rate applied to taxable profits instead of gross … Web1 day ago · According to the Article, only the descendants of Sikkim subjects (those who lived in the state before its merger with India in 1975) whose names were mentioned in the 1961 register are Sikkimese with rights to own land and get state government jobs. They were also exempted from paying income tax. WebApr 14, 2024 · The two newly added groups in ‘Sikkimese’ definition for income tax exemption are those whose names does not appear in the Register of Sikkim Subjects but it is established that such individual was domiciled in Sikkim on or before April 26 1975 and their descendants. how many acres is 3920 sq ft