SENSEX NIFTY

Income Tax

Nov 26, 2014 at 21:39 | Source: PTI
Attorney General Mukul Rohatgi has asked the Income Tax Department to desist from filing appeal against the Bombay High Court ruling that Vodafone is not liable to pay an income tax demand of Rs 3,200 crore in a case relating to transfer pricing.
Nov 26, 2014 at 10:41 | Source: Moneycontrol.com
Equity Mutual Funds declined as the Indian equities fell a day after markets raced to a fresh high, with the Sensex falling 161 points, the biggest single-day fall in nearly six weeks.
Nov 24, 2014 at 22:35 | Source: PTI
Sources said the department made one of its highest seizures which also includes jewellery worth Rs one crore. The entire cash, they said, has been remitted in a public sector bank branch in Delhi.
Nov 24, 2014 at 22:08 | Source: CNBC-TV18
The income-tax department on Saturday conducted searches at the Noida and Delhi premises of Sahara Group on charges of tax evasion. Sahara Group confirmed the development, however, expressed ignorance as to why this action was being taken against it.
Nov 22, 2014 at 15:45 | Source: PTI
He was replying to a question on whether his budget would look at widening the tax base to maximise revenue. Jaitley, who will be presenting his first full fledged Budget in February, said that in his last budget he had increased the tax exemption limit from Rs 2 lakh to Rs 2.5 lakh and would even raise it further if he had more money.
Nov 21, 2014 at 10:10 | Source: Moneycontrol.com
Equity Mutual Funds closed with mixed returns as the equities held on to their late gains, with both the Sensex and Nifty closing above key 28,000 and 8,400 marks.
Nov 11, 2014 at 17:42 | Source: Moneycontrol.com
Ideal Optics has board meeting held on November 01, 2014, had approved and accept the following businesses:- Shifting of registered office from 203, Abhishek Complex, B/h. Navgujarat College, Income Tax, Ashram Road, Ahmedabad to 402, Shil Complex, Mayur Colony, Nr. Mithakhali Under Bridge, Navrangpura, Ahmedabad.
Nov 08, 2014 at 16:03 | Source: Moneycontrol.com
Equity Mutual Funds closed in green as the equity benchmarks closed marginally lower amid consolidation on Friday, weighed down by capital goods, metals, auto and index heavyweights like Reliance and ITC.
Nov 05, 2014 at 15:56 | Source: PTI
Kapur, a 1978-batch officer of the Income Tax cadre, was till now serving as Member (Legislation and Computerisation and Income Tax) in the CBDT.
Oct 31, 2014 at 17:37 | Source: Moneycontrol.com
Interest can be paid out or accumulated to be paid at maturity. The reinvestment of interest into the account also earns interest. Tax is deductible at source on interest paid on SCSS deposits, if the amount of interest exceeds Rs 5000.
Messages on Income Tax »

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Budget  

Source:NDTV Profit - Finance Minister Arun Jaitley is expected to double exemption limit on long-term financial savings to ease tax burden on the middle class in his maiden budget on Thursday, sources told NDTV. Currently, the income tax exemption limit on such savings is ...

12.27 PM Jul 8th

R Jagannathan

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1108 Followers

Budget  

of my hat on this front. Taxation should be stable and predictable, and not yo-yo from year to year. This has largely been the case over the last few years, but in future we will have even stabler regimes. My proposals in terms of individual income tax are the following. The basic exemption rate

11.22 AM Jul 8th

Rishabhluck
y

Platinum Member

480 Followers

Indian indices  

in the Form 16 from your employer with the details in the Form 26AS. If your bank or bond issuer has deducted tax on the interest income, it would be in this statement. You can access the Form 26AS on the Income Tax department`s e- filing portal. Via continue

8.03 PM Jul 7th

uuuthh

Platinum Member

1260 Followers

Indian indices  

Big tickets that would continue the bullish rally in Nifty Good news for some sectors: # Oil and Gas sector - Phased reduction in LPG/Kerosene subsidy # Tax slabs - Income tax slabs to be raised from 2,00,000rs. to 3,00,000rs. # Mortgage tax break - Raise current limit of 1,50,000rs to 3,00,000rs.

5.27 PM Jul 7th

Other Market Topics  

Wow! In a country that requires taxes to be paid for up-liftment from every angle; Education, medical facilities, housing / hostel facilities for the under-priviliged to list a few; you are suggesting abolishing all other taxes other than Income Tax as well as increasing the limits of deductions

2.20 PM Jul 7th

raviusha_12
3

New Member

0 Follower

Budget  

reduce income tax to induvidal and attract more poeple file their tax returns.try to reduce subsidy for petrolium products.help farmers give them low interest .

2.14 PM Jul 7th

R Jagannathan

Platinum Member

1108 Followers

Budget  

years, and the rates can be raised after that. If the law works well, over time the estate duty can be raised to the same level of the highest income tax rate – currently 30 percent. #4: Most importantly, the estate duty should not be judged by the amount of revenue collected, but whether

12.54 PM Jul 7th

pitquote

Platinum Member

596 Followers

Just Posted  

budget: do not expect great things in the budget. there will be no relief on income tax for individuals power cost will go up to adjust cost of production- watch out for distribution companies gas price for domestic use will go up- petroleum companies will benefit IN GENERAL: THERE WILL NOT BE EVEN

11.11 AM Jul 7th

subasu

Platinum Member

543 Followers

Tax Planning & Help  

If you have receipts issued by the landlord over a stamped receipt, yes, you can claim the amount allowed as per section 80GGA of Income Tax Act. It is upto the income tax officer to accept it or not!

10.24 AM Jul 7th

subasu

Platinum Member

543 Followers

Tax Planning & Help  

Rs. 4 lacs will earn an interest of (maximum) Rs. 40,000. No. She does not have to pay any income tax.

10.23 AM Jul 7th

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Nov 27, 2014 at 03:26 | Source: Calcutta Telegraph News
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