Feb 20, 2017 at 12:50 | Source: Moneycontrol.com
As a consultant you are required to pay a flat 10 per cent tax on income while an employee is taxed as per applicable slab, the highest being 30 per cent along with surcharge.
Feb 14, 2017 at 14:00 | Source: Housing.com/news
Developers The union budget provided a significant boost for affordable housing, by granting it an industry status and all the listed real estate stocks reacted positively. However, whether these incentives will entice the developers R
Feb 03, 2017 at 08:22 | Source: Moneycontrol.com
Affordable housing being given Infrastructure status is a welcome move and will help in the Housing to all by 2022 mission it is a big and positive move for developers, banks and housing finance companies.
Feb 01, 2017 at 17:16 | Source: PTI
The Budget has allocated Rs 3.96 trillion to infra sector to spur economic activities and create more jobs and has also accorded infrastructure status to affordable housing projects which will give lot of tax incentives to the players.
Feb 01, 2017 at 15:06 | Source: Moneycontrol.com
According to Brotin Banerjee, MD & CEO at Tata Housing, infrastructure status to affordable housing comes as a landmark announcement for the consumers and the real estate industry. A long-standing demand of the sector, the government has realised that housing & infrastructure can be two pillars to increase GDP and accelerate economic growth.
Feb 01, 2017 at 14:46 | Source: PTI
To promote affordable homes, the government also proposed to amend the Section 80-IBA, relaxing the condition of period of completion of the project for claiming deduction from the current three years to 5 years.
Jan 27, 2017 at 14:32 | Source: Moneycontrol.com
Under the leadership of Mr. Narendra Modi, we are positive to have an announcement that will create a revolutionary change. The government has already expressed its vision of housing for all by 2022 and the backup from the budget will only help in expediting homes to become more affordable while meeting the objectives
Jan 11, 2017 at 12:47 | Source: Moneycontrol.com
There is no reason to panic since you have time till March 31 to make the necessary investments for tax saving.
Jan 09, 2017 at 15:54 | Source: Moneycontrol.com
Personal income tax collection up 24.6%; direct tax collected is 65.3 percent of the total budget estimate; refunds during April-December grew 30.5 percent
Dec 16, 2016 at 21:26 | Source: PTI
Apex auditor CAG today pulled up Finance Ministry for allowing income tax department to incur over Rs 7,700 crore on interest on refunds without authorisation of Parliament during 2015-16.