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Income Tax

Jan 17, 2017 at 17:27 | Source: Moneycontrol.com
Just when one thought that the issue of retrospective tax was dealt with the income tax officials issued a clarification which is more confusing than the original notification and has once again ignited the retrospective tax debate.
Jan 17, 2017 at 16:27 | Source: Moneycontrol.com
It is that time of the year the common man has high hopes from the finance minister. Balwant Jain captures the sentiment.
Jan 17, 2017 at 15:28 | Source: CNBC-TV18
Speaking to CNBC-TV18, Ajit Gulabchand, Chairman and Managing Director of Hindustan Construction Company, said that he hoped to see the benefits of demonetisation materialise in the form of lower taxes.
Jan 17, 2017 at 14:10 | Source: PTI
The government had come out with a 4-month long Income Disclosure Scheme, which closed on September 30, 2016, to give an option to domestic black money holders to declare their unaccounted wealth and come clean by paying 45 percent tax and penalty.
Jan 17, 2017 at 14:08 | Source: Moneycontrol.com
Measures such as the recently announced concessional tax rate of 6% as opposed to the present rate of presumptive taxation of 8% for income received through banking and digital business by small businesses is a welcome move.
Jan 17, 2017 at 14:08 | Source: Moneycontrol.com
In the highest tax bracket it would still make sense to go in for the 6 per cent tax free bond because the final rate that they bear is still higher than what they would face otherwise.
Jan 17, 2017 at 08:38 | Source: NEWS18.com
The number 1 priority right now is to inject as much demand in the economy as possible and this can be done the quickest through a direct benefits transfer, Pronab Sen told News18.
Jan 16, 2017 at 18:08 | Source: PTI
A Reserve Bank of India official today said he was not sure about IT preparedness and capability of cooperative banks on submission of data demanded by the Income Tax department.
Jan 16, 2017 at 15:24 | Source: Moneycontrol.com
Dewan Housing Finance Corporation (DHFL) has reported solid set of earnings in October-December period. Profit increased 31.7 percent year-on-year to Rs 244.8 crore, driven by strong net interest income despite higher tax payment.
Jan 16, 2017 at 12:08 | Source: Moneycontrol.com
On a comparison of income threshold and peak rate of a few countries, it is observed that the income threshold considered for peak rate as well as the maximum tax rate in India is on the higher side.
Messages on Income Tax »

Finance  

He suggests that the class that pays income tax without evasion should not get any benefits from the Govt. and should continuously suffer. Govt. may think to take him as the economic adviser.

about 5 hrs 53 min 13 sec ago

Wire News

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News Now  

In a minor relaxation to IDS tax payment rules, the Income Tax Department has said disclosures under the scheme will be considered valid even if the tax amount has been realised by December 5.

about 8 hrs 54 min 16 sec ago

RS80

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Finance  

Who is this unheard-about stupid?? pronab sen !! his statistics might have induced more strength to the corrupt UPA regime to frivolously go for more corruptions and scams. Personal Income Tax should be reduced, else it will backfire on Modi government`s policy of demonetisation

about 12 hrs 38 min 8 sec ago

DotBiz

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Demonetisation - We all know that our our Politicians are most corrupted citizen and then after big-shot industrialist. Still none of them has been raided by Income-Tax. Morever there are incidents where small business-man and traders are been severely getting scrutinised. One of our family friend

7.05 PM Jan 15th

Wire News

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News Now  

The Government is issuing newly designed PAN (Permanent Account Number) cards that have added security features to make them tamper-proof and with contents written in both Hindi and English, a senior Income-Tax Department official said today.

10.12 PM Jan 13th

Economist

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Economy  

Chief Economic Advisor Arvind Subramanian has argued against abolishing income tax. Speaking at a CNBC-TV18 event Friday, Subramanian said the government should look at a carefully balanced set of carrots and sticks to expand the tax base and deter tax evasion and promote voluntary tax payments.

9.49 PM Jan 13th

News Flash

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Chief Eco Advisor Says CNBC-TV18 Exclusive : Ideas That We Should Abolish Income Tax Should Be Greeted With Scepticism

8.15 PM Jan 13th

News Flash

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Just Posted  

Chief Eco Advisor Says CNBC-TV18 Exclusive : Ideas That We Should Abolish Income Tax Should Be Greeted With Scepticism

8.00 PM Jan 13th

Express Advice

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PC Jeweller  

Looks some Income Tax relaxation this time...Will definitely boost Jewellery demand...last year 7th Pay comission..people have money and money...will buy Jewellery...

12.54 PM Jan 13th

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There may not be any changes in the exemption limit or in the income-tax slabs , this year.The rebate however may b rised from ₹5000 to₹10,000/-

3.36 PM Jan 12th

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