May 02, 2016 at 08:54 | Source: PTI
As part of a transparency drive, the government has made public direct tax data for last 15 years. Data for individuals has been published only for 2012-13 assessment year, which shows taxes for income in financial year ended March 31, 2012.
May 02, 2016 at 08:04 | Source: PTI
Income Tax department had over 4.72 crore "effective assessees", including people who filed ITRs, and who paid TDS but did not filed returns, in 2012-13. However, individuals who filed return of income for tax paid accounted for 1 percent of population that year.
Apr 28, 2016 at 18:48 | Source: CNBC-TV18
Revenue was up 5.3 percent quarter-on-quarters (QoQ) at Rs 9,484 crore, while the earnings before interest, tax, depreciation and amortisation (EBITDA) grew 15.6 percent QoQ to Rs 3,616 crore, significantly better than poll estimate of Rs 3,293 crore.
Apr 28, 2016 at 17:13 | Source: Moneycontrol.com
Many individuals do change jobs and they have to face the problem of combining salaries from two employers. Here is how to go about it.
Apr 21, 2016 at 20:10 | Source: Moneycontrol.com
While investing in fixed income instruments such as fixed deposits and debt funds, one must keep an eye on his tax rate.
Apr 20, 2016 at 14:26 | Source: Reuters
Under the plans, individuals who buy an electric car by 2020 would not have to pay vehicle tax for ten years, reported the paper. Support could also include a research programme which would boost the development of batteries.
Apr 19, 2016 at 10:49 | Source: PTI
Individuals who are seeking finance can also benefit from this tie-up. It marks a positive start of a mutually beneficial relationship between the two entities
Apr 19, 2016 at 10:32 | Source: PTI
Biz2Credit, a leading online resource in personal and small business finance, announced a marketing partnership with TaxSpanner, one of India's largest and most trusted company that offers online preparation and filing of Income Tax Returns (ITR) for individuals and businesses.
Apr 18, 2016 at 18:20 | Source: Moneycontrol.com
PPF should continue to offer positive real returns. One should look at his goals and risk profile before investing.
Apr 18, 2016 at 09:17 | Source: Reuters
A series of announcements in recent weeks aims to streamline tax collection in a country where the tax-to-GDP ratio, at 16.6 percent, is among the lowest among emerging economies. Only about one in 18 earning individuals pays tax.