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Income Tax

Jan 30, 2015 at 17:30 | Source: Moneycontrol.com
Thermax missed street expectations on Friday with the third quarter net profit rising 13 percent year-on-year to Rs 76.2 crore. The bottomline was impacted by lower other income and higher tax expenses.
Jan 30, 2015 at 16:05 | Source: CNBC-TV18
Bank of Baroda is under immense pressure post weak earnings. It's net profit tumbled 62 percent due to one-time income tax payment of Rs 410 crore as well as worsening NPA levels.
Jan 30, 2015 at 15:29 | Source: Moneycontrol.com
NTPC's profit after tax grew 7.4 percent year-on-year to Rs 3,074 crore during October-December quarter. Steep fall in tax cost supported the bottomline but lower other income and higher finance cost restricted profit growth.
Jan 28, 2015 at 16:40 | Source: Moneycontrol.com
Havells India's third quarter standalone profit fell 4.5 percent year-on-year to Rs 116.2 crore, dented by tax rate and slow growth in revenue. Standalone numbers include only Havells operations and do not include Sylvania income.
Jan 23, 2015 at 17:25 | Source: Moneycontrol.com
UltraTech Cement's third quarter standalone net profit fell 1.5 percent year-on-year to Rs 364.4 crore, dented by higher tax & finance expenses, and lower other income.
Jan 23, 2015 at 15:40 | Source: Moneycontrol.com
The April-December gross direct tax collection stood 12.93 percent higher at Rs 5.47 lakh crore versus Rs 4.84 lakh crore collected during the same period last year.
Jan 23, 2015 at 15:32 | Source: CNBC-TV18
Kolte-Patil Developers third quarter (October-December) profit after tax declined 3 percent year-on-year (up 56 percent sequentially) to Rs 19.8 crore, impacted by higher tax, finance cost and lower other income.
Jan 23, 2015 at 14:54 | Source: Moneycontrol.com
Kolte Patil Developers' third quarter (October-December) profit after tax declined 3 percent year-on-year (up 56 percent sequentially) to Rs 19.8 crore. The profit was also impacted by higher tax & finance cost and lower other income.
Jan 23, 2015 at 10:27 | Source: Moneycontrol.com
Equity Mutual Funds ended positive as market ended at fresh record closing high on Thursday, gaining for the sixth consecutive session ahead of European Central Bank meeting outcome later in the day.
Jan 23, 2015 at 08:57 | Source: Moneycontrol.com
Direct Taxes are the taxes that are levied on the income of individuals or organisations
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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 2014

R Jagannathan

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1177 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

478 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

1562 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

1177 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

591 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

562 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

562 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

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