SENSEX NIFTY

Income Tax

May 27, 2015 at 18:42 | Source: PTI
The company has received a notice from the Ministry of Corporate Affairs for an inspection... of the books of accounts and other books of the company, USL said in a filing to BSE.
May 26, 2015 at 22:06 | Source: PTI
The Income Tax Department should adopt a responsive taxpayer-centric regime and focus on dealing with the menace of both domestic as well as overseas black money, Revenue Secretary Shaktikanta Das has said.
May 26, 2015 at 20:25 | Source: PTI
The Income Tax Department had sent notices to 68 foreign institutional investors (FIIs) demanding Rs 602.83 crore as MAT dues of previous years.
May 26, 2015 at 16:48 | Source: PTI
Nokia submitted before a bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva that it was withdrawing the plea seeking permission to urgently sell the unit as the proposed buyer has withdrawn.
May 22, 2015 at 18:30 | Source: Moneycontrol.com
From a macro standpoint, retrospective taxation led to a massive loss of confidence in the area of certainty on tax policy, and had a negative impact over the past 2-3 years in the form of dampening the foreign investment/ overall business sentiment amongst MNCs operating in the country.
May 22, 2015 at 12:01 | Source: CNBC-TV18
Furthermore, there are now hopes that the government will lower corporate income tax by 1 percent in the next Union Budget.
May 22, 2015 at 10:05 | Source: Moneycontrol.com
Equity Mutual Funds closed in red as the Equity benchmarks drifted lower in dull trade, as the market awaits fresh triggers.
May 21, 2015 at 17:42 | Source: CNBC-TV18
CNBC-TV18 exclusively learns that the Income Tax Department will soon issue tax notices to nearly 1300 project-affected persons (PAPs) for gains made on selling developed land allotted to them by the City and Industrial Development Corporation (CIDCO).
May 21, 2015 at 16:48 | Source: Moneycontrol.com
Income tax filing and payment of income tax payment are two different obligations. it is better to file income tax before due date as it saves you from possible penal actions and allows you to make the most of provisions of Income Tax Act.
May 21, 2015 at 10:27 | Source: Moneycontrol.com
Mutual Funds NAVs closed with positive returns as the market ended on a strong note with major support by technology and bank stocks on Wednesday.
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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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1262 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

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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

2558 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

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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 2014

R Jagannathan

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1262 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

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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 2014

subasu

Platinum Member

583 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

583 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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