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Global income tax

Income tax that aggregate income from all sources at the individual (or family unit) level. The income is then taxed at a single progressive rate.

News On Global income tax
CBDT sets up high-level committee to decide retro tax cases

28-08-2014| Source:PTI

The four-member committee will be headed by the Joint Secretary of the Foreign Tax and Tax Research-I unit of the CBDT. It will decide on such cases within of 60 days of receiving them from

Equity NAVs end low as markets close flat

27-08-2014| Source:Moneycontrol.com

cause for correction, believe experts.Among fixed income funds, both Long term and Short term funds closed with positive returns. The government bond yields ended steady on Tuesday on continued caution

Sebi makes fresh bid to find Sahara investors;sets deadline

24-08-2014| Source:PTI

Sebi also said that income tax would be deducted at source, wherever applicable, unless it receives necessary documents for claim of tax exemption along with the refund application.

Black Money: India get Swiss banks' data of hoarders

24-08-2014| Source:PTI

The taxman, simultaneously, has also initiated action to know the "source of income" of these entities so that any other instance of tax evasion linked to these accounts could be unearthed.

Focus on finer points of your tax details

22-08-2014| Source:Moneycontrol.com

to be considered in the overall working because this category of people would face the same situation that they were witnessing last year round.SurchargeThe income tax rates that individuals are familiar with are 10

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