SENSEX NIFTY

Income Tax

Oct 21, 2014 at 17:30 | Source: Moneycontrol.com
Once an amount is received by the individual then its remittance of transmission to any other place would not be a taxable event under the income tax law. This makes it important for the individual to see whether there is a receipt of the income that has taken place and when they transfer the money whether this is actually remittance for them.
Oct 18, 2014 at 16:21 | Source: Moneycontrol.com
Equity Mutual Funds ended positive as equity benchmarks closed off day's high ahead of Maharashtra and Haryana state elections results that will be announced on Sunday.
Oct 10, 2014 at 16:01 | Source: Moneycontrol.com
The major benefits of investing in company fixed deposits are high interest, flexibility of tenure and no Income Tax is deducted at source if the interest income is up to Rs 5,000 in one financial year.
Oct 10, 2014 at 11:34 | Source: Moneycontrol.com
The court held that there was no taxable income arising out of the transaction. The quantum of tax demand by the Indian authorities stood at Rs 3200 crore in fiscal year 2010.
Oct 09, 2014 at 16:38 | Source: PTI
The Modi government has asked states to try such a scheme and Food Minister Ram Vilas Paswan will be discussing the issue with them. It has also given enough signals that the much-touted welfare food security programme of the UPA government will not be shelved.
Oct 06, 2014 at 10:01 | Source: CNBC
Given the massive role gasoline plays in American life (in a February 2013 report, the US Energy Information Administration estimated that Americans spend about 4 percent of their pre-tax income on gasoline) the drop in gas prices is naturally expected to have an impact on consumer spending.
Sep 30, 2014 at 17:38 | Source: Moneycontrol.com
There are lots of occasions when this amount would be added to the income of the individual and this can turn the entire position of the tax calculations upside down. There are however some situations where this position can actually be avoided and here is a closer look at the whole process.
Sep 30, 2014 at 17:32 | Source: Moneycontrol.com
Generally, the investor takes out a Life Insurance Policy for getting a tax deduction as per section 80C of the Income-tax Act, 1961 with enhanced tax deduction upto Rs. 1,50,000 and also for taking care of the safety of the family in case of unfortunate tragedies happening at any point of time in life.
Sep 25, 2014 at 10:13 | Source: Moneycontrol.com
Equity Mutual Funds declined as the 50-share NSE Nifty saw consolidation on Wednesday ahead of expiry for September derivative contracts (on Thursday) though it continued fall for the second consecutive session.
Sep 23, 2014 at 10:15 | Source: Moneycontrol.com
Equity and debt Mutual Funds closed in a positive terrain as the equity benchmarks bounced back in last couple of hours of trade on Monday with the Sensex closing above 27000 level and Nifty above 8100-mark supported by ITC, Tata Motors, ONGC and HDFC.
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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

R Jagannathan

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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

Rishabhluck
y

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482 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

uuuthh

Platinum Member

883 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

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

raviusha_12
3

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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

R Jagannathan

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1055 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

pitquote

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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

subasu

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534 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

subasu

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534 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

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