SENSEX NIFTY

Income Tax

Mar 05, 2015 at 10:45 | Source: Moneycontrol.com
Equity Mutual Funds declined as the benchmark indices nosedived in the last hour of trade on Wednesday after touching record highs earlier in the day spurred by the 25 basis point repo rate cut.
Mar 03, 2015 at 16:50 | Source: PTI
A total of 44,07,193 non-filers for assessment year 2013-14 who are expected to file their tax returns by March 31, the closing date for fiscal 2014-15, are on the radar of the I-T department. "Over 44 lakh filers have potential tax liabilities.
Mar 03, 2015 at 15:04 | Source: PTI
The mutual fund industry may witness several mergers of schemes in coming weeks after the Budget proposed an exemption from capital gains tax in case of amalgamation of funds with similar features.
Mar 02, 2015 at 18:43 | Source: PTI
Explaining the benefits, a global senior tax consultant Aditya Hans said, "the basic rate of taxing income of non-residents in the nature of royalty and FTS from 25 percent to 10 percent on a gross basis will encourage foreign companies to go in for technology transfer to India.
Mar 01, 2015 at 12:41 | Source: Reuters
India, keen to rekindle economic growth, wooed foreign investors on Saturday with a budget that delayed controversial rules to target tax avoidance and maintained lower taxes on income from debt investments.
Feb 28, 2015 at 19:54 | Source: Moneycontrol.com
The reduction in corporate tax from 30 percent to 25 percent over a four years period is very appreciable The move to reduce the burden on younger companies by reduction in the rate on income tax on royalty and fees for technical services to 10 percent from 25 percent is very positive, says Rakesh Deshmukh, CEO and Co-Founder, Firstouch.
Feb 28, 2015 at 16:42 | Source: Moneycontrol.com
Finance Bill: 1) Preliminary 2) Rates of Income Tax 3) Income Tax and Wealth Tax 4) Customs and Excise 5) Service Tax.
Feb 28, 2015 at 15:47 | Source: Moneycontrol.com
Despite no apparent mention of income tax incentive for the common man, finance minister Arun Jaitley provided certain reliefs, that will put extra cash in hands.
Feb 28, 2015 at 15:41 | Source: PTI
In the first full-year Budget of the NDA government that shunned populism, he proposed no changes in personal and corporate income-tax rates for 2015-16 but extended benefits to middle-class by increasing the limit of deduction on health insurance premium from Rs 15,000 to Rs 20,000.
Feb 28, 2015 at 15:25 | Source: PTI
The Finance Minister counted five major challenges faced by the Indian economy which are agricultural income under stress, weak private sector investment in infrastructure, decline in manufacturing, resource crunch in view of higher devolution in taxes to states and maintaining fiscal discipline.
Messages on Income Tax »

Web Messenger

Platinum Member

273692 Followers

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

Platinum Member

1216 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

476 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

1883 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

1216 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

592 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

569 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

569 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

News across the web »
Mar 05, 2015 at 09:35 | Source: FirstPost
Mar 04, 2015 at 14:11 | Source: FirstPost
Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.