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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
I-T dept to 'name and shame' crorepati' defaulters this fiscal

24-05-2016| Source:PTI

The Income Tax department, beginning this financial year, has decided to 'name and shame' all category of taxpayers who have a default of Rs one crore and above

Tata Global Beverage Q4 profit at Rs 106 crore

24-05-2016| Source:PTI

Tata Global Beverage (TGBL) on May 24 reported over 27-fold jump in consolidated net profit at Rs 106.53 crore for the last quarter of 2015-16 on the back ofgains from other income and exceptional

Disclosure requirement of assets while filing your ITR

24-05-2016| Source:Moneycontrol.com

The tax payer has to provide the cost of these assets in case the same are not reflected in the balance sheet of the partnership firm in case of a partner and in the balance sheet of the proprietor

See revenue growing 10% this fiscal year: Ashoka Buildcon  

24-05-2016| Source:CNBC-TV18

Confirming that Income Tax Department officials had indeed conducted raids at its offices in April, Pareesh Mehta, Chief Financial Officer of Ashoka Buildcon told CNBC-TV18 that it's business

NCC Q4 net seen down 14% to Rs 43 cr, exceptional income likely

24-05-2016| Source:CNBC-TV18

Operating profit (earnings before interest, tax, depreciation and amortisation) is seen rising 5 percent to Rs 194 crore and margin may expand 60 basis points to 9 percent in Q4 due to new orders.

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