Feb 27, 2017 at 20:40 | Source: PTI
Sebi wants more clarity on imposition of 10 percent Long Term Capital Gains (LTCG) tax proposed in the Union Budget, Chairman U K Sinha said today while asserting that the regulator would not allow market manipulation by those abusing tax exemptions.
Feb 16, 2017 at 13:25 | Source: Moneycontrol.com
Use of right tax exemptions ensures more money in hand and less income tax.
Feb 13, 2017 at 15:38 | Source: Moneycontrol.com
If you invest in a life insurance you can avail of two kinds of tax benefits. One is by way of availing a deduction from your taxable income and the other through gaining exemption from your total income.
Feb 13, 2017 at 14:22 | Source: Moneycontrol.com
There are many with income above basic exemption limit who do not file returns even though it is mandatory. However, stiff penalties proposed to levied in Budget 2017 for late filing would ensure that taxpayers file their returns in time.
Feb 10, 2017 at 13:19 | Source: Moneycontrol.com
According to Angel Commodities, expect sugar prices to trade sideways as the prices have reached highest levels for the year and there is an expectation of consolidation at this level as market is waiting for any government policy regarding stock limit or import tax exemption.
Feb 06, 2017 at 14:04 | Source: PTI
"Such action will allow developers to borrow at lower interest rates and provide tax exemptions to the construction industry that has witnessed a reduction in launches and sales these last few years," Moody's said in a statement.
Feb 06, 2017 at 12:47 | Source: Moneycontrol.com
While the industry perceives the move as a partial relief, it is not yet clear as to what are the list of transactions that will be exempt. A separate circular on this aspect is expected.
Feb 03, 2017 at 13:56 | Source: PTI
In an interview to PTI, Revenue Secretary Hasmukh Adhia said securities transaction tax (STT) was levied in 2004 and capital gains made out of STT-paid listed stocks are exempt from long-term capital gains tax.
Feb 02, 2017 at 13:30 | Source: PTI
It is also changing the law to keep the identity of the donor confidential who buys the just-introduced electoral bonds from banks to make such donations.
Feb 02, 2017 at 13:02 | Source: Moneycontrol.com
The finance minister in his budget speech said that agents will be exempt from TDS subject to their filing a self-declaration