« Top Headlines » Open DEMAT Account in 24 hrs  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose  Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More  Government proposes to ease tax relief conditions for offshore funds  TallyPrime Connected Banking: Automating Banking and Accounting  ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update  ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide  Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers  Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It  ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes  Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs «  Mumbai tops I-T returns charts in July... Insurers face tax axe, policy cost likely to rise... » Tamil Nadu announces tax exemption on computers August, 24th 2006 The Tamil Nadu government will exempt computers made by companies with an investment of over Rs 100 crore in SEZs in the state from general and central sales tax without any limit, Chief Minister M Karunanidhi said on Wednesday. Presenting the demand for grants for industries and IT in the state assembly, he said this concession would be granted for 10 years from the year of commencement of commercial production for firms that meet the condition. The state government has decided to set up an E-Governance Training Academy and Rs 20 lakh has been provided for 2006-07 for it, he said. A sum of Rs 10 lakh has also been provided for 2006-07 for training officers and staff on a public-private partnership model as part of the e-governance initiative. Karunanidhi said this initiative required familiarity and extensive use of computers. District collectors handle sensitive data and work beyond office hours, and hence they needed a laptop, he said. The government will provide Rs 50 lakh this year for the supply of laptops to collectors, he said.