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Individual Tax Rates

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 14, 2014 at 22:15 | Source: PTI
State-owned oil firms, which cut petrol price by 54 paisa on October 1, reduced rates by another Re 1 per litre, excluding local sales tax or VAT, with effect from midnight tonight, Indian Oil Corp (IOC) announced here.
Sep 30, 2014 at 21:07 | Source: PTI
State-owned oil firms, which skipped raising rates on September 16 even though their cost had gone up, cut prices in view of the downward trend in international markets. Petrol price was reduced by 54 paisa a litre without including local sales tax or VAT, with effect from midnight tonight.
Sep 30, 2014 at 20:21 | Source: CNBC-TV18
Mahindra Group chairman Anand Mahindra says all investors are looking for is a commitment or an unequivocal promise from Prime Minister Modi that instances of retrospective taxation won't happen in the future. Investors are not looking for immediate repeal of retro tax, he adds.
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 23, 2014 at 14:58 | Source: Moneycontrol.com
In fiscal year 2013-14, Indias leading pharmaceuticals firm, Sun, paid Rs 702 crore of tax on profit before tax of Rs 4,581 crore. This makes the effective rate at which Sun Pharma paid corporate tax work out to 15.3 percent.
Sep 18, 2014 at 17:14 | Source: CNBC-TV18
The hike could help narrow the rate differential between the branded diesel which is at 5.75% and the unbranded diesel which is at 3.46% in the domestic market.
Sep 18, 2014 at 10:38 | Source: Moneycontrol.com
Equity and debt Mutual Funds closed in a positive terrain as equity benchmarks managed to recoup some of losses (seen in previous two sessions) on Wednesday following upside in global peers on reports that Federal Open Market Committee (FOMC) may keep low rates till June 2015 and on likely stimulus for Chinas top banks.
Sep 11, 2014 at 10:47 | Source: Moneycontrol.com
Mutual Funds ended in red as market extended losses for the second consecutive session on Wednesday on profit booking and worries of Federal Reserve probably raising interest rates earlier than expected.
Sep 08, 2014 at 15:25 | Source: Moneycontrol.com
Nowadays people prefer booking under-construction properties due to rate difference as compared to ready-to-move-in property and ease of payment.
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Source:Forbes - Image via dailymail.co.uk Imagine if you were paying Britain’s top 50% individual tax rate! We Americans have plenty of aggressive tax planners to worry about, yet we can’t seem to stop obsessing over who is paying what rate. Paying a low rate, as low as the law allows, means you’re s

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