Income Tax

Feb 05, 2016 at 13:04 | Source: PTI
The Income-Tax Department has issued detailed guidelines for using electronic communication, or emails, for paperless assessment proceedings.
Feb 05, 2016 at 10:45 | Source: Moneycontrol.com
You should first assess your requirement and accordingly pick the right investments of right quantum.
Feb 04, 2016 at 15:27 | Source: Moneycontrol.com
Under the direct tax regime, one-tenth of the expenditure on prospecting, extraction and production of mineral during 5 years ending with the first year of commercial production is allowed as a deduction from total income.
Feb 01, 2016 at 18:32 | Source: Moneycontrol.com
If the finance minister offers additional incentives to buy a property, there will be more demand for housing. There are many individuals who require some stimulus to buy a property in the form of tax incentives.
Feb 01, 2016 at 18:12 | Source: Moneycontrol.com
One must understand the available investment options for saving income tax. An option chosen after due diligence can help you to achieve various financial needs.
Feb 01, 2016 at 14:42 | Source: PTI
The guidelines would help further streamline the process of refunds. Between mid-April and January, the Income Tax department has issued a record Rs 65,000 crore worth refunds.
Jan 29, 2016 at 19:05 | Source: PTI
Businessman Praveen Sawhney, aSwiss bank account holder, has been summoned as accused by aDelhi court in an alleged tax evasion case against him filedby the Income Tax Department.
Jan 29, 2016 at 16:02 | Source: CNBC-TV18
In an interview to CNBC-TV18, Ajay Bijli, Chairman & Managing Director of PVR says that tax expenses like new bonus act and entertainment tax restricted growth in the quarter ended December 2015.
Jan 28, 2016 at 15:38 | Source: CNBC-TV18
Speaking to CNBC-TV18, Sajjan Bhajanka, Chairman of the company says that FY16 revenue and earnings before interest, tax, depreciation and amortization (EBITDA) is likely to remain flat.
Jan 27, 2016 at 22:20 | Source: Moneycontrol.com
J. Easwar Committee Draft Report
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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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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

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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

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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
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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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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

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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

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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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