Income Tax

Aug 31, 2015 at 17:53 | Source: PTI
Additional Chief Metropolitan Magistrate Pritam Singh directed the IT department to provide legible copies of documents by September 11, the next date, after Qureshi's counsel said some of the documents were illegible.
Aug 31, 2015 at 11:36 | Source: Moneycontrol.com
It is better to know the tax treatment you get depending on your tax status and accordingly account for capital gain tax.
Aug 27, 2015 at 21:50 | Source: CNBC-TV18
In 2011, Blackstone Mauritius sold 66.29 percent and Barclays Mauritius sold 12.75 percent of equity in SKR BPO to Serco. SKR-owned 100 percent of BPO service provider Intellenet and 20 percent of another BPO Sparsh.
Aug 27, 2015 at 18:12 | Source: Moneycontrol.com
HUF is a separate person for the purpose of tax. It has a PAN, assets and income. Separate income tax returns need to be filed for HUF
Aug 26, 2015 at 15:09 | Source: Moneycontrol.com
Kotak Mutual Fund announces change in fund managers, with effect from August 25, 2015.
Aug 24, 2015 at 21:57 | Source: PTI
The board members, which include the nominees from the government and the RBI as also independent members, were also apprised of the action initiated by Sebi against those suspected to be evading taxes and laundering black money through stock markets.
Aug 24, 2015 at 12:35 | Source: Moneycontrol.com
Not all gifts attract income tax. Know the rules that decide tax treatment of gifts.
Aug 22, 2015 at 16:06 | Source: PTI
"The Shah report in fact has come out. I believe they have said the Minimum Alternate Tax (for the period before April 1, 2015) issue should be resolved quickly, which I think will be positive for the market...," he told reporters at the launch of 'Innofest' at the Indian Institute of Science here.
Aug 21, 2015 at 20:00 | Source: PTI
Squaring off is a trading style used by investors/traders mostly in day trading, in which a trader buys or sells a particular quantity of an asset in the hope of earning a profit.
Aug 21, 2015 at 15:25 | Source: PTI
The Securities and Exchange Board of India (Sebi) found that there were several entities which consistently suffered significant losses and others who consistently made significant profits by executing reversal trades in stock options on BSE.
Messages on Income Tax »

Web Messenger

Platinum Member

307058 Followers

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 2014

R Jagannathan

Platinum Member

1360 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 2014

Rishabhluck
y

Platinum Member

475 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 2014

uuuthh

Platinum Member

3533 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 2014

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 2014

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 2014

R Jagannathan

Platinum Member

1360 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 2014

pitquote

Platinum Member

629 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 2014

subasu

Platinum Member

626 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 2014

subasu

Platinum Member

626 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 2014

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.