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Direct Tax

Jan 19, 2017 at 08:59 | Source: Moneycontrol.com
The countrys apex tax authority, Central Board of Direct Taxes, has set up an e-platform to reach out to those who have crossed this threshold and find out the source of the money,
Jan 18, 2017 at 08:51 | Source: CNBC-TV18
In a relief for the foreign investors, the tax department has put on hold its recent directive on taxation on indirect transfers.
Jan 17, 2017 at 21:28 | Source: PTI
In a relief to FPIs who were fearing multiple taxation, the tax department today kept in abeyance its recent circular on indirect transfer of shares by foreign investors.
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 08:48 | Source: Moneycontrol.com
The government is looking to issue an advisory to tax officials directing them to exempt investigating cash deposits below a threshold, in an attempt to curb harassment by officials probing deposits made since November 10 according to a report in The Times of India on Monday.
Jan 12, 2017 at 15:25 | Source: Moneycontrol.com
One can expect the government to announce a marginal cut to the headline corporate tax rate along with a clear roadmap detailing the manner in which the proposed reduction and incentive phase out will be achieved.
Jan 12, 2017 at 11:53 | Source: Moneycontrol.com
The Central Board of Direct Taxes' released recently circular proposes to bring foreign portfolio investors under the purview of a withholding tax. The circular ever since it was released late last year has been sending jitters down the spines of FPIs.
Jan 10, 2017 at 11:09 | Source: CNBC-TV18
S Naren likes the telecom space due to the current valuations for long-term. He also likes power industry, where he expects a 5-7 percent increase in power consumption in India every year.
Jan 09, 2017 at 16:02 | Source: CNBC-TV18
Following Finance Minister Arun Jaitley's comments on direct and indirect taxes, economists have not changed their estimates for the tax collection. According to them, better performance on indirect taxes was expected due to the higher fuel excise hike.
Jan 09, 2017 at 15:54 | Source: Moneycontrol.com
Personal income tax collection up 24.6%; direct tax collected is 65.3 percent of the total budget estimate; refunds during April-December grew 30.5 percent
Messages on Direct Tax »

Think_diffe
rent

Gold Member

4 Followers

Economy  

FM is innocent... Declaring black money and paying over 50% tax is silly ... instead show production or/and sales and pay some 15-20% indirect tax.. and show no profit on that sales... It is another ingenious way of turning black money into white... by paying lower indirect tax instead of direct

3.32 PM Jan 10th

smanchanda1

New Member

1 Followers

Economy  

disagree, tax collection statistics of sept show 15% improvement in direct taxes and 28% improvement in indirect taxes yoy. while april to dec show 12% and 25% respectively. one cannot say they are robust as demonized has lead to 95% money being deposited in back without support of significant

2.58 PM Jan 10th

SunilGowdru

Gold Member

47 Followers

index  

collections; even West Bengal, which saw an 8% fall in December reported a 10.8% rise in November. An official release shows April-December direct taxes for the centre rose 12% and indirect taxes 25% – while direct taxes are in line with the FY17 budget targets, indirect taxes grew at more than double

10.30 PM Jan 9th

amateurinve
stor

Platinum Member

2705 Followers

index  

Positive Alert: for april to december 9 month period, Indirect tax collections grew 25% yoy while direct tax collections grew 12% yoy. http://t.in.com/25FE

2.11 PM Jan 9th

Forum Messenger

Platinum Member

376518 Followers

News Now  

The Department of Economic Affairs (DEA) has received representations from fund managers, FPIs, PEs, and VCs on the recent list of frequently asked questions issued by the Central Board of Direct Taxes (CBDT) which hints at a triple tax incident for their investments in India, sources tell CNBC

4.33 PM Jan 6th

Investor100
0

Platinum Member

649 Followers

Power Finance  

Today FM release data of collection of direct tax, indirect tax and sales tax. Due to demonetization average tax collection is between 14% to 43% up than last year. This means Govt has huge money in their kitty for expenditure in next budget. Where will this money spend? Of course, they will spend

7.50 PM Dec 29th 2016

Investor100
0

Platinum Member

649 Followers

REC  

Today FM release data of collection of direct tax, indirect tax and sales tax. Due to demonetization average tax collection is between 14% to 43% up than last year. This means Govt has huge money in their kitty for expenditure in next budget. Where will this money spend? Of course, they will spend

7.42 PM Dec 29th 2016

amateurinve
stor

Platinum Member

2705 Followers

index  

positive alert for itc: common man still believes that every year budget will have negative impact on ITC share. but this time budget talks only direct taxes and with GST, budget will have no say at all on ITC. instead, budget will be positive for itc since corporate tax is expected to be reduced.

11.06 AM Dec 29th 2016

amateurinve
stor

Platinum Member

2705 Followers

index  

positive alert for itc: common man still believes that every year budget will have negative impact on ITC share. but this time budget talks only direct taxes and with GST, budget will have no say at all on ITC. instead, budget will be positive f

11.05 AM Dec 29th 2016

amateurinve
stor

Platinum Member

2705 Followers

ITC  

positive alert for itc: common man still believes that every year budget will have negative impact on ITC share. but this time budget talks only direct taxes and with GST, budget will have no say at all on ITC. instead, budget will be positive for ITC as corporate tax is expected to be reduced.

11.04 AM Dec 29th 2016

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